Illinois Statutes

§ 144.2 — Notification of insurance business

Illinois § 144.2
JurisdictionIllinois
TopicREGULATION
Ch. 215INSURANCE
Act 215 ILCS 5/Illinois Insurance Code.
Art.Article IX - Provisions Applicable To All Companies

This text of Illinois § 144.2 (Notification of insurance business) 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. 144.2 (2026).

Text

(a)Upon notice by the Director, a company having direct premium income must file with the Director supplemental information regarding its insurance business. The Director shall by rule establish standards to determine the companies to be given notice.
(b)The notice prescribed by this Section may require the company to provide information concerning, but not limited to, the following:
(1)adequacy of rates;
(2)marketing methodology and acquisition expenses;
(3)underwriting standards;
(4)recordkeeping and statistical systems;
(5)claim systems and claim reserving systems;
(6)reinsurance; and (7) the general financial condition of the company.

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Legislative History

(Source: P.A. 90-381, eff. 8-14-97.)

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Bluebook (online)
Illinois § 144.2, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/215/144.2.