Illinois Compiled Statutes 215 ILCS 5 Illinois Insurance Code. Section 154.5

    (215 ILCS 5/154.5) (from Ch. 73, par. 766.5)

    Sec. 154.5. Improper Claims Practices) It is an improper claims practice for any domestic, foreign or alien company transacting business in this State to commit any of the acts contained in Section 154.6 if:

    (a) it is committed knowingly in violation of this Act or any rules promulgated hereunder; or

    (b) It has been committed with such frequency to indicate a persistent tendency to engage in that type of conduct.

(Source: P.A. 80-926.)

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Last modified: February 18, 2015