Chapter 215 — INSURANCE

(215 ILCS 5/35A-20) Sec. 35A-20. Regulatory action level event. (a) A regulatory action level event means any of the following events: (1) The filing of an RBC Report by the insurer that indicates that the insurer's total adjusted capital is greater than or equal to its authorize…

(215 ILCS 5/35A-25) Sec. 35A-25. Authorized control event. (a) An authorized control event means any of the following events: (1) The filing of an RBC Report by the insurer that indicates that the insurer's total adjusted capital is greater than or equal to its mandatory control …

(215 ILCS 5/35A-30) Sec. 35A-30. Mandatory control level event. (a) A mandatory control level event means any of the following events: (1) The filing of an RBC Report that indicates that the insurer's total adjusted capital is less than its mandatory control level RBC. (2) The no…

(215 ILCS 5/35A-35) Sec. 35A-35. Hearings. (a) An insurer has the right to an administrative hearing with respect to any of the following: (1) The notification by the Director to the insurer of an Adjusted RBC Report. (2) The notification by the Director to the insurer that the i…

(215 ILCS 5/35A-40) Sec. 35A-40. Foreign insurers. (a) Upon the written request of the Director, a foreign insurer shall submit to the Director an RBC Report as of the end of the previous calendar year no later than the later of the date an RBC Report would be required to be file…

(215 ILCS 5/35A-45) Sec. 35A-45. Notices. All notices by the Director to an insurer that may result in regulatory action under this Article are effective upon dispatch if transmitted by registered or certified mail, and are effective upon the insurer's receipt thereof in the case…

(215 ILCS 5/35A-5) Sec. 35A-5. Definitions. As used in this Article, the terms listed in this Section have the meaning given herein. "Adjusted RBC Report" means an RBC Report that has been adjusted by the Director in accordance with subsection (f) of Section 35A-10. "Authorized c…

(215 ILCS 5/35A-50) Sec. 35A-50. Confidentiality and prohibition on announcements. (a) All RBC Reports, to the extent the information therein is not required to be set forth in a publicly available annual statement schedule, and RBC Plans, including the results or report of any e…

(215 ILCS 5/35A-55) Sec. 35A-55. Provisions of Article supplemental; exemptions. (a) The provisions of this Article are supplemental to the provisions of any other laws of this State and do not preclude or limit other powers or duties of the Director under any other laws. (b) The…

(215 ILCS 5/35A-60) Sec. 35A-60. Phase-in of Article. (a) For RBC Reports filed with respect to the December 31, 1993 annual statement, instead of the provisions of Sections 35A-15, 35A-20, 35A-25, and 35A-30, the following provisions apply: (1) In the event of a company action l…

(215 ILCS 5/35A-65) Sec. 35A-65. Liability of Director. There shall be no liability on the part of, and no cause of action shall arise against, the Director or the Department or its employees or agents for any action taken by them in the performance of their powers and duties und…

(215 ILCS 5/35A-70) Sec. 35A-70. Severability. The provisions of this Article are severable under Section 1.31 of the Statute on Statutes. (Source: P.A. 89-97, eff. 7-7-95.)

(215 ILCS 5/35B-1) Sec. 35B-1. Short title. This Article may be cited as the Domestic Stock Company Division Law. (Source: P.A. 100-1118, eff. 11-27-18.)

(215 ILCS 5/35B-10) Sec. 35B-10. Definitions. As used in this Article: "Assets" means all assets or property, whether real, personal or mixed, tangible or intangible, and any right or interest therein, including all rights under contracts and other agreements. "Capital" means the…

(215 ILCS 5/35B-15) Sec. 35B-15. Plan of division. (a) A domestic stock company may, in accordance with the requirements of this Article, divide into 2 or more resulting companies pursuant to a plan of division. (b) Each plan of division shall include: (1) the name of the domesti…

(215 ILCS 5/35B-20) Sec. 35B-20. Requirements of a plan of division. (a) A domestic stock company shall not file a plan of division with the Director unless the plan of division has been approved in accordance with: (1) any applicable provisions of its articles of incorporation a…

(215 ILCS 5/35B-25) Sec. 35B-25. Plan of division approval. (a) A division shall not become effective until it is approved by the Director after reasonable notice and a public hearing, if the notice and hearing are deemed by the Director to be in the public interest. Any decision…

(215 ILCS 5/35B-30) Sec. 35B-30. Certificate of division. (a) After a plan of division has been adopted and approved, an officer or duly authorized representative of the dividing company shall sign a certificate of division. (b) The certificate of division shall set forth: (1) th…

(215 ILCS 5/35B-35) Sec. 35B-35. Effects of division. (a) When a division becomes effective pursuant to Section 35B-30: (1) if the dividing company has survived the division: (A) it continues to exist; (B) its articles of incorporation shall be amended, if necessary, as provided …

(215 ILCS 5/35B-40) Sec. 35B-40. Resulting company liabilities. (a) Except as otherwise expressly provided in this Section, when a division becomes effective, each resulting company is responsible, automatically, by operation of law, for: (1) individually, the liabilities, includ…

(215 ILCS 5/35B-45) Sec. 35B-45. Shareholder rights. If the dividing company does not survive the division, an objecting shareholder of a dividing company is entitled to appraisal rights and to obtain payment of the fair value of that shareholder's shares, in the same manner and …

(215 ILCS 5/35B-5) Sec. 35B-5. Purpose. The purpose of this Article is to stimulate economic development in the State of Illinois by creating and sustaining employment opportunities and increasing and sustaining taxable revenue, through improving the competitive position of domes…

(215 ILCS 5/35B-50) Sec. 35B-50. Rules. The Director may adopt such rules as are necessary or appropriate to carry out this Article. (Source: P.A. 100-1118, eff. 11-27-18.)

(215 ILCS 5/36) (from Ch. 73, par. 648) (Section scheduled to be repealed on January 1, 2027) Sec. 36. Scope of Article. This Article shall apply to all domestic mutual companies transacting or being organized to transact any of the kinds of business enumerated in Section 4. (Sou…

(215 ILCS 5/360a) (from Ch. 73, par. 972a) Sec. 360a. Notice, waiver. The acknowledgement by any insurer of the receipt of notice given under any policy covered by this article, or the furnishing of forms for filing proofs of loss, or the acceptance of such proofs, or the investi…

(215 ILCS 5/361a) (from Ch. 73, par. 973a) Sec. 361a. Age limit. If any such policy contains a provision establishing, as an age limit or otherwise, a date after which the coverage provided by the policy will not be effective, and if such date falls within a period for which prem…

(215 ILCS 5/362a) Sec. 362a. (Repealed). (Source: P.A. 99-143, eff. 7-27-15. Repealed by P.A. 103-718, eff. 7-19-24.)

(215 ILCS 5/363) Sec. 363. Medicare supplement policies; minimum standards. (1) Except as otherwise specifically provided therein, this Section and Section 363a of this Code shall apply to: (a) all Medicare supplement policies and subscriber contracts delivered or issued for deli…

(215 ILCS 5/363a) (from Ch. 73, par. 975a) Sec. 363a. Medicare supplement policies; disclosure, advertising, loss ratio standards. (1) Scope. This Section pertains to disclosure requirements of companies and agents and mandatory and prohibited practices of agents when selling a p…

(215 ILCS 5/364) (from Ch. 73, par. 976) Sec. 364. Discrimination prohibited. Discrimination between individuals of the same class of risk in the issuance of its policies or in the amount of premiums or rates charged for any insurance covered by this article, or in the benefits p…

(215 ILCS 5/364.01) Sec. 364.01. Qualified clinical cancer trials. (a) No individual or group policy of accident and health insurance issued or renewed in this State may be cancelled or non-renewed for any individual based on that individual's participation in a qualified clinica…

(215 ILCS 5/364.1) (from Ch. 73, par. 976.1) Sec. 364.1. Every policy of accident and health insurance delivered or issued for delivery to any person in this State after the effective date of this amendatory Act of 1979 which provides coverage for services coming within the pract…

(215 ILCS 5/364.2) Sec. 364.2. Purchase of ophthalmic goods or services. An insurer may not require a provider, as a condition of participation by the provider, to purchase ophthalmic goods or services, including but not limited to eyeglass frames, in a quantity or dollar amount …

(215 ILCS 5/364.3) Sec. 364.3. Insurer uniform electronic prior authorization form; prescription benefits. (a) As used in this Section, "prescribing provider" includes a provider authorized to write a prescription, as described in subsection (e) of Section 3 of the Pharmacy Pract…

(215 ILCS 5/367) (from Ch. 73, par. 979) Sec. 367. Group accident and health insurance. (1) Group accident and health insurance is hereby declared to be that form of accident and health insurance covering not less than 2 employees, members, or employees of members, written under …

(215 ILCS 5/367.2) (from Ch. 73, par. 979.2) Sec. 367.2. Spousal continuation privilege; group contracts. A. No policy of group accident or health insurance, nor any certificate thereunder shall be delivered or issued for delivery in this State after December 1, 1985, unless the …

(215 ILCS 5/367.2-5) Sec. 367.2-5. Dependent child continuation privilege; group contracts. (a) No policy of group accident or health insurance, nor any certificate thereunder shall be amended, renewed, delivered, or issued for delivery in this State after July 1, 2004, unless th…

(215 ILCS 5/367.3) (from Ch. 73, par. 979.3) Sec. 367.3. Group accident and health insurance; discretionary groups. (a) No group health insurance offered to a resident of this State under a policy issued to a group, other than one specifically described in Section 367(1), shall b…

(215 ILCS 5/367a) (from Ch. 73, par. 979a) Sec. 367a. Blanket accident and health insurance. (1) Blanket accident and health insurance is the form of accident and health insurance providing excepted benefits, as defined in Section 352c, that covers special groups of persons as en…

(215 ILCS 5/367b) (from Ch. 73, par. 979b) Sec. 367b. (a) This Section applies to the hospital and medical expense provisions of a group accident or health insurance policy. (b) If a policy provides that coverage of a dependent of an employee or other member of the covered group …

(215 ILCS 5/367c) (from Ch. 73, par. 979c) Sec. 367c. No claim shall be denied, under any group accident and health policy delivered or renewed in this State after the effective date of this Amendatory Act, for treatment or services for mental illness rendered in a hospital solel…

(215 ILCS 5/367d) (from Ch. 73, par. 979d) Sec. 367d. No claim shall be denied, under any group accident and health policy delivered or renewed in this State after the effective date of this amendatory Act, for treatment or services for rehabilitation following either a physical …

(215 ILCS 5/367d.1) (from Ch. 73, par. 979d.1) Sec. 367d.1. After the effective date of this amendatory Act of 1992, no group policy of accident and health insurance that provides coverage for the treatment of alcoholism or other drug abuse or dependency on both an inpatient and …

(215 ILCS 5/367e) (from Ch. 73, par. 979e) Sec. 367e. Continuation of Group Hospital, Surgical and Major Medical Coverage After Termination of Employment or Membership. A group policy delivered, issued for delivery, renewed or amended in this state which insures employees or memb…

(215 ILCS 5/367e.1) Sec. 367e.1. Group Accident and Health Insurance Conversion Privilege. (A) A group policy which provides hospital, medical, or major medical expense insurance, or any combination of these coverages, on an expense-incurred basis, but not including a policy whic…

(215 ILCS 5/367f) (from Ch. 73, par. 979f) Sec. 367f. Firefighters' continuance privilege. As used in this Section: 1. The terms "municipality", "deferred pensioner" and "creditable service" shall have the meaning ascribed to such terms by Sections 4-103, 4-105a, and 4-108, respe…

(215 ILCS 5/367g) (from Ch. 73, par. 979g) Sec. 367g. Police officer's continuance privilege. As used in this Section: 1. The terms "municipality" and "creditable service" shall have the meaning ascribed to such terms by Sections 3-103 and 3-110, respectively, of the Illinois Pen…

(215 ILCS 5/367h) (from Ch. 73, par. 979h) Sec. 367h. Deputy's continuance privilege. As used in this Section: 1. The terms "municipality" and "creditable service" shall have the meaning ascribed to such terms by Sections 7-105 and 7-113, respectively, of the Illinois Pension Cod…

(215 ILCS 5/367i) (from Ch. 73, par. 979i) Sec. 367i. Discontinuance and replacement of coverage. Group health insurance policies issued, amended, delivered or renewed on and after the effective date of this amendatory Act of 1989, shall provide a reasonable extension of benefits…

(215 ILCS 5/367j) (from Ch. 73, par. 979j) Sec. 367j. Municipal employee's continuance privilege. (a) As used in this Section: (1) The term "creditable service" shall have the meaning ascribed to it by Section 7-113 of the Illinois Pension Code. (2) The term "municipality" means …