Illinois § 143.16a Cancellation of Casualty policies

Illinois Statutes

§ 143.16a — Cancellation of Casualty policies

Illinois § 143.16a

JurisdictionIllinois

TopicREGULATION

Ch. 215INSURANCE

Act 215 ILCS 5/Illinois Insurance Code.

Art.Article IX - Provisions Applicable To All Companies

This text of Illinois § 143.16a (Cancellation of Casualty policies) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

215 Ill. Comp. Stat. 143.16a (2026).

Text

No policy to which Section 143.11 applies, except for those defined in subsection (a) or (b) of Section 143.13, that has been in effect for 60 days may be cancelled except for one of the following reasons:

(a)Nonpayment of premium;

(b)The policy was obtained through a material misrepresentation;

(c)Any insured violated any of the terms and conditions of the policy;

(d)The risk originally accepted has measurably increased;

(e)Certification to the Director of the loss of reinsurance by the insurer which provided coverage to the insurer for all or a substantial part of the underlying risk insured; or (f) A determination by the Director that the continuation of the policy could place the insurer in violation of the insurance laws of this State.

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No policy to which Section 143.11 applies, except for those defined in subsection (a) or (b) of Section 143.13, that has been in effect for 60 days may be cancelled except for one of the following reasons: (a) Nonpayment of premium; (b) The policy was obtained through a material misrepresentation; (c) Any insured violated any of the terms and conditions of the policy; (d) The risk originally accepted has measurably increased; (e) Certification to the Director of the loss of reinsurance by the insurer which provided coverage to the insurer for all or a substantial part of the underlying risk insured; or (f) A determination by the Director that the continuation of the policy could place the insurer in violation of the insurance laws of this State.