(215 ILCS 5/144.2)
(from Ch. 73, par. 756.2)
Notification of insurance business.
(a) Upon notice by the Director, a company having direct premium income must file with the Director supplemental
information regarding its
insurance business. The Director shall by rule
to determine the companies to be given notice.
(b) The notice prescribed by this Section may require the company to provide
information concerning, but not limited to, the following:
(1) adequacy of rates;
(2) marketing methodology and acquisition expenses;
(3) underwriting standards;
(4) recordkeeping and statistical systems;
(5) claim systems and claim reserving systems;
(6) reinsurance; and
(7) the general financial condition of the company.
(Source: P.A. 90-381, eff. 8-14-97.)