Illinois Statutes
§ 811.1 — Distribution of Premiums
Illinois § 811.1
JurisdictionIllinois
TopicREGULATION
Ch. 215INSURANCE
Act 215 ILCS 5/Illinois Insurance Code.
Art.Article XXXVIIIA - Mine Subsidence Insurance
This text of Illinois § 811.1 (Distribution of Premiums) 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. 811.1 (2026).
Text
The Fund is authorized to establish the proportion of total mine subsidence insurance premiums collected by each insurer which shall be retained by the insurer as a ceding commission, subject to review of the Director. The remainder of such premiums shall be remitted by the insurer to the Fund at times to be determined by the Fund. The ceding commission shall be uniform in all reinsurance agreements entered into pursuant to Section 810.1 of this Article and shall be based on reasonable administrative costs to the insurers, including agents' commissions.
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Legislative History
(Source: P.A. 88-379.)
Nearby Sections
2
§ 811
(Repealed)§ 811.1
Distribution of PremiumsCite This Page — Counsel Stack
Bluebook (online)
Illinois § 811.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/215/811.1.