Illinois Compiled Statutes 215 Insurance: Article XXIX - Workers' Compensation And Employer's Liability Rates
- Illinois Insurance Code. - 215 ILCS 5, Section 454
Purpose of Article. The purpose of this Article is to promote the public welfare by regulating workers' compensation and employer's liability insurance rates to...
- Illinois Insurance Code. - 215 ILCS 5, Section 455
Scope of article. This Article applies to workers' compensation and employers' liability insurance incidental thereto and written in connection therewith but shall not apply...
- Illinois Insurance Code. - 215 ILCS 5, Section 456
Making of rates. (1) All rates shall be made in accordance with the following provisions: (a) Due consideration shall be given to past and...
- Illinois Insurance Code. - 215 ILCS 5, Section 457
Rate filings. (1) Beginning January 1, 1983, every company shall file with the Director every manual of classifications, every manual of rules and rates,...
- Illinois Insurance Code. - 215 ILCS 5, Section 458
Disapproval of filings. (1) If within thirty days of any filing the Director finds that such filing does not meet the requirements of this...
- Illinois Insurance Code. - 215 ILCS 5, Section 459
Rating organizations. (1) A corporation, an unincorporated association, a partnership or an individual, whether located within or outside this state, may make application to...
- Illinois Insurance Code. - 215 ILCS 5, Section 460
Competitive Market, Approval of Rates. (a) Beginning January 1, 1983, a competitive market is presumed to exist unless the Director, after a hearing, determines...
- Illinois Insurance Code. - 215 ILCS 5, Section 461
Appeal by minority. Any member of or subscriber to a rating organization may appeal to the Director from the action or decision of such...
- Illinois Insurance Code. - 215 ILCS 5, Section 462
Information to be furnished insureds - Hearings and appeals of insureds. Every rating organization, and every company which does not adopt the rates of...
- Illinois Insurance Code. - 215 ILCS 5, Section 462b
Insurance companies shall apply correct classifications, payrolls and other factors of a rating system to compute premiums. If the application of incorrect classifications, payrolls...
- Illinois Insurance Code. - 215 ILCS 5, Section 463
Advisory organizations. (1) Every group, association or other organization of companies whether located within or outside this state, which assists companies which make their...
- Illinois Insurance Code. - 215 ILCS 5, Section 464
Joint underwriting or joint reinsurance. (1) Every group, association or other organization of companies which engages in joint underwriting or joint reinsurance, shall be...
- Illinois Insurance Code. - 215 ILCS 5, Section 464a
(Repealed). (Source: P.A. 81-1482. Repealed by P.A. 91-757, eff. 1-1-01.)
- Illinois Insurance Code. - 215 ILCS 5, Section 465
Examinations. The Director shall, at least once in five years, make or cause to be made an examination of each rating organization licensed in...
- Illinois Insurance Code. - 215 ILCS 5, Section 466
Rate administration. (1) Recording and Reporting of Loss and Expense Experience. The Director shall promulgate reasonable rules and shall approve statistical plans, reasonably adapted...
- Illinois Insurance Code. - 215 ILCS 5, Section 467
False or misleading information. No person, company or organization shall wilfully withhold information from, or knowingly give false or misleading information to the Director,...
- Illinois Insurance Code. - 215 ILCS 5, Section 468
Residual Market Mechanism. All companies licensed to write workers' compensation and employers' liability insurance in this State shall participate in a plan providing for...
- Illinois Insurance Code. - 215 ILCS 5, Section 469
Rebates prohibited. No broker or agent shall knowingly charge, demand or receive a premium for any policy of insurance except in accordance with the...
- Illinois Insurance Code. - 215 ILCS 5, Section 470
Penalties. Any person, company or organization violating any provision of this Article shall be guilty of a petty offense for each such violation, provided...
- Illinois Insurance Code. - 215 ILCS 5, Section 471
Hearing procedure and judicial review. (1) Any company or rating organization aggrieved by any order or decision of the Director made without a hearing,...
Last modified: February 18, 2015