Illinois Compiled Statutes 215 ILCS 5 Illinois Insurance Code. Section 1018

    (215 ILCS 5/1018) (from Ch. 73, par. 1065.718)

    Sec. 1018. Cease and Desist Orders and Reports. (A) If, after a hearing, the Director determines that the insurance institution, agent or insurance-support organization charged has engaged in conduct or practices in violation of this Article, he shall reduce his findings to writing and shall issue and cause to be served upon such insurance institution, agent or insurance-support organization a copy of such findings and an order requiring such insurance institution, agent or insurance-support organization to cease and desist from the conduct or practices constituting a violation of this Article.

    (B) If, after a hearing, the Director determines that the insurance institution, agent or insurance-support organization charged has not engaged in conduct or practices in violation of this Article, he shall prepare a written report which sets forth findings of fact and conclusions of law. Such report shall be served upon the insurance institution, agent or insurance-support organization charged and upon the person or persons, if any, whose rights under this Article were allegedly violated.

(Source: P.A. 81-1430.)

Sections:  Previous  1011  1012  1013  1014  1015  1016  1017  1018  1019  1020  1021  1022  1023  1023.5  1024  Next

Last modified: February 18, 2015