Illinois Compiled Statutes 215 Insurance: Article XXXI 3/4 - Public Insurance Adjusters and Registered Firms

• Illinois Insurance Code. - 215 ILCS 5, Section 512.51
  Scope of Article. This Article shall apply to all Public Insurance Adjusters and Registered Firms as defined in Section 512.52. (Source: P.A. 84-832.)
• Illinois Insurance Code. - 215 ILCS 5, Section 512.52
  Definitions. As used in this Article unless the context clearly otherwise requires: (a) "Adjusting insurance claims" means representing an insured with an insurer for compensation,...
• Illinois Insurance Code. - 215 ILCS 5, Section 512.53
  License Required. (a) No person may engage in the business of adjusting insurance claims, nor advertise, solicit or hold himself out to be in the...
• Illinois Insurance Code. - 215 ILCS 5, Section 512.54
  Application and Examination. (a) Each application for a Public Insurance Adjuster license shall be made on a form specified by the Director. The application...
• Illinois Insurance Code. - 215 ILCS 5, Section 512.55
  Public Insurance Adjuster license. (a) The Director shall issue a Public Insurance Adjuster license to an applicant who has: (1) met the requirements of Section...
• Illinois Insurance Code. - 215 ILCS 5, Section 512.56
  Bonds. Every applicant for a Public Insurance Adjuster license shall file a bond, in a form approved by the Director and executed by a...
• Illinois Insurance Code. - 215 ILCS 5, Section 512.57
  Registered Firms. (a) No person shall engage in the business of adjusting insurance claims unless such person is licensed pursuant to this Article and registered...
• Illinois Insurance Code. - 215 ILCS 5, Section 512.58
  Rate Schedules and Contract Forms. (a) A Public Insurance Adjuster shall not provide services until a written contract with the insured has been executed, on...
• Illinois Insurance Code. - 215 ILCS 5, Section 512.59
  Performance standards applicable to all Public Insurance Adjusters. (a) A Public Insurance Adjuster shall not represent that he is a representative of an insurance company,...
• Illinois Insurance Code. - 215 ILCS 5, Section 512.60
  Maintenance of records. (a) All Public Insurance Adjusters shall maintain a complete record of each of their transactions as a Public Insurance Adjuster. The records...
• Illinois Insurance Code. - 215 ILCS 5, Section 512.61
  License suspension, revocation or denial. (a) Any license issued under this Article may, be suspended or revoked, and any application for a license may be...
• Illinois Insurance Code. - 215 ILCS 5, Section 512.61a
  In addition to other grounds specified in this Act, the Director may refuse to issue or may suspend the license of any person who...
• Illinois Insurance Code. - 215 ILCS 5, Section 512.62
  Examinations. (a) The Director shall have the power to examine any applicant or any person licensed or registered pursuant to this Article. (b) Every...
• Illinois Insurance Code. - 215 ILCS 5, Section 512.63
  Fees. (a) The fees required by this Article are as follows: (1) Public Insurance Adjuster license annual fee, $100; (2) Registration of Firms, $100;...
• Illinois Insurance Code. - 215 ILCS 5, Section 512.64
  Injunctive Relief. Any person who acts as or holds himself out to be either engaged in the business of adjusting insurance claims or a Public...

Last modified: February 18, 2015