Chapter 215 — INSURANCE

(215 ILCS 5/143.25a) (from Ch. 73, par. 755.25a) Sec. 143.25a. Prior to the first renewal of any policy of automobile insurance as defined in subsection (a) of Section 143.13 of this Code, an insurance company shall notify an individual planning to purchase such renewal policy of…

(215 ILCS 5/143.26) (from Ch. 73, par. 755.26) Sec. 143.26. No company issuing policies of automobile insurance, as defined in Section 143.13 of this Code, in this State, and no officer, director, agent, clerk, employee or broker of such company shall cancel or refuse to issue or…

(215 ILCS 5/143.26a) (from Ch. 73, par. 755.26a) Sec. 143.26a. Automobile insurance sales requirements. (a) Every company authorized to issue policies of automobile insurance as defined in Section 143.13 must, upon request, provide the names and addresses of its authorized produc…

(215 ILCS 5/143.27) (from Ch. 73, par. 755.27) Sec. 143.27. No insurance company may give to any named insured any notice of cancellation or nonrenewal of a policy of fire and extended coverage insurance, as defined in subsection (b) of Section 143.13, covering property which is …

(215 ILCS 5/143.28) (from Ch. 73, par. 755.28) Sec. 143.28. The rates and premium charges for all policies of automobile insurance, as described in sub-section (a) of Section 143.13 of this Code, shall include appropriate reductions for insured automobiles which are equipped with…

(215 ILCS 5/143.29) (from Ch. 73, par. 755.29) Sec. 143.29. (a) The rates and premium charges for every policy of automobile liability insurance shall include appropriate reductions as determined by the insurer for any insured over age 55 upon successful completion of the Nationa…

(215 ILCS 5/143.30) (from Ch. 73, par. 755.30) Sec. 143.30. Selection of glass replacement or glass repair companies. With reference to every policy of automobile insurance as defined in Section 143.13(a): (a) An automobile insurer authorized to do business in this State shall no…

(215 ILCS 5/143.31) Sec. 143.31. Uniform medical claim and billing forms. (a) The Director shall prescribe by rule, after consultation with providers of health care or treatment, insurers, hospital, medical, and dental service corporations, and other prepayment organizations, ins…

(215 ILCS 5/143.32) Sec. 143.32. Replacement of child restraint systems. A policy of automobile insurance, as defined in Section 143.13, that is amended, delivered, issued, or renewed after the effective date of this amendatory Act of the 91st General Assembly must include covera…

(215 ILCS 5/143.33) Sec. 143.33. Electronic posting of policies. (a) Policies and endorsements used by a company for transacting insurance as classified in Class 2 and Class 3 of Section 4 of this Code that do not contain personally identifiable information may be mailed, issued,…

(215 ILCS 5/143.34) Sec. 143.34. Electronic notices and documents. (a) As used in this Section: "Delivered by electronic means" includes: (1) delivery to an electronic mail address at which a party has consented to receive notices or documents; or (2) posting on an electronic net…

(215 ILCS 5/143a) Sec. 143a. Uninsured and hit-and-run motor vehicle coverage. (1) No policy insuring against loss resulting from liability imposed by law for bodily injury or death suffered by any person arising out of the ownership, maintenance or use of a motor vehicle that is…

(215 ILCS 5/143a-2) (from Ch. 73, par. 755a-2) Sec. 143a-2. (1) Additional uninsured motor vehicle coverage. No policy insuring against loss resulting from liability imposed by law for bodily injury or death suffered by any person arising out of the ownership, maintenance or use …

(215 ILCS 5/143b) (from Ch. 73, par. 755b) Sec. 143b. Any insurance carrier whose payment to its insured is reduced by a deductible amount under a policy providing collision coverage is subrogated to its insured's entire collision loss claim including the deductible amount unless…

(215 ILCS 5/143c) (from Ch. 73, par. 755c) Sec. 143c. No insurance policy authorized under Class 1, 2 or 3 of Section 4 of this Code shall be delivered in this State unless the policyholder or certificate holder is provided written notice of: (1) the address of the complaint depa…

(215 ILCS 5/143d) (from Ch. 73, par. 755d) Sec. 143d. Customer affairs and information department. (a) Every company licensed to issue policies of insurance as defined in subsections (a) and (b) of Section 143.13 shall establish a customer affairs and information department to re…

(215 ILCS 5/144) (from Ch. 73, par. 756) Sec. 144. Limitation of risk. (1) No company authorized to transact any of the kind of business enumerated in Classes 2 and 3 of Section 4 in this State may expose itself to any loss on any one risk or hazard to an amount exceeding 10% of …

(215 ILCS 5/144.1) (from Ch. 73, par. 756.1) Sec. 144.1. Insurance Sales by Insolvent or Impaired Companies Prohibited.) (1) Unless allowed by the Director, no foreign or alien company officer, director, trustee, agent, or employee of such company may renew, issue or deliver or c…

(215 ILCS 5/144.2) (from Ch. 73, par. 756.2) Sec. 144.2. Notification of insurance business. (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 e…

(215 ILCS 5/145) (from Ch. 73, par. 757) Sec. 145. Deposits. When any company is required by the laws of this State or of any state or country, or by other competent authority, to make a deposit with an insurance supervising official or other financial officer and the company des…

(215 ILCS 5/146) (from Ch. 73, par. 758) Sec. 146. Withdrawal of deposits. (1) The Director shall at any time upon request release to a company any portion of its deposit which is not required as a compliance with the conditions of this Code. (2) When all of the business of a com…

(215 ILCS 5/147) (from Ch. 73, par. 759) Sec. 147. Deceptive statements as to assets prohibited. No company doing business in this State or agent thereof, shall state or represent by advertisement in any newspaper, periodical, magazine or over the radio, or by any sign, circular,…

(215 ILCS 5/147.1) (from Ch. 73, par. 759.1) Sec. 147.1. Sale of insurance company shares. (1) No shares of the capital stock of a domestic stock company shall be sold or offered for sale to the public in this State by an issuer, underwriter, dealer or controlling person in respe…

(215 ILCS 5/147.2) (from Ch. 73, par. 759.2) Sec. 147.2. Civil remedies.) (A) Every sale of a security made in violation of Sections 20, 32 or 147.1 of this Code or the rules and regulations adopted pursuant thereto and every sale of any security for which a prospectus is require…

(215 ILCS 5/147.3) Sec. 147.3. Issuance of capital notes by domestic companies. (a) A domestic company may at any time or from time to time issue capital notes pursuant to this Section in an aggregate principal amount not exceeding (1) 25% of its total adjusted capital (including…

(215 ILCS 5/148) (from Ch. 73, par. 760) Sec. 148. Contents of advertisements as to financial condition. (1) No company authorized to do business in this State shall cause to be inserted in any newspaper, periodical, magazine or other publication, any advertisement purporting to …

(215 ILCS 5/149) (from Ch. 73, par. 761) Sec. 149. Misrepresentation and defamation prohibited. (1) No company doing business in this State, and no officer, director, agent, clerk or employee thereof, broker, or any other person, shall make, issue or circulate or cause or knowing…

(215 ILCS 5/15) (from Ch. 73, par. 627) (Section scheduled to be repealed on January 1, 2027) Sec. 15. Documents to be delivered to Director by incorporators. Upon the execution of the articles of incorporation, there shall be delivered to the Director: (a) duplicate originals of…

(215 ILCS 5/150.1) (from Ch. 73, par. 762.1) Sec. 150.1. No company doing business in this State shall enter into a group contract for an annuity or pension plan to cover employees of the State, its agencies, instrumentalities, political subdivisions or municipal corporations pri…

(215 ILCS 5/1501) Sec. 1501. Short title. This Article may be cited as the Public Adjusters Law. (Source: P.A. 96-1332, eff. 1-1-11.)

(215 ILCS 5/1505) Sec. 1505. Purpose and scope. This Article governs the qualifications and procedures for the licensing of public adjusters. It specifies the duties of and restrictions on public adjusters, which include limiting their licensure to assisting insureds in first par…

(215 ILCS 5/151) (from Ch. 73, par. 763) Sec. 151. Payment or acceptance of rebates prohibited. (1) No company doing business in this State and no insurance agent or broker shall offer, promise, allow, give, set off or pay, directly or indirectly, any rebate of or part of the pre…

(215 ILCS 5/1510) Sec. 1510. Definitions. In this Article: "Adjusting a claim for loss or damage covered by an insurance contract" means negotiating values, damages, or depreciation or applying the loss circumstances to insurance policy provisions. "Adjusting insurance claims" me…

(215 ILCS 5/1515) Sec. 1515. License required. (a) A person shall not act, advertise, solicit, or hold himself out as a public adjuster or to be in the business of adjusting insurance claims in this State, nor attempt to obtain a contract for public adjusting services, unless the…

(215 ILCS 5/152) (from Ch. 73, par. 764) Sec. 152. Rebates- Penalties. (1) Any company or any person violating any of the provisions of section 151 shall be guilty of a Class B misdemeanor. (2) No agent or broker for any company doing business in this State violating any of the p…

(215 ILCS 5/1520) Sec. 1520. Application for license. (a) A person applying for a public adjuster license shall make application to the Director on the appropriate uniform application or other application prescribed by the Director. (b) The applicant shall declare under penalty o…

(215 ILCS 5/1525) Sec. 1525. Resident license. (a) Before issuing a public adjuster license to an applicant under this Section, the Director shall find that the applicant: (1) is eligible to designate this State as his or her home state or is a nonresident who is not eligible for…

(215 ILCS 5/153) (from Ch. 73, par. 765) Sec. 153. Rebates- Immunity from prosecution. No person shall be excused from testifying or from producing any books, papers, contracts, agreements or documents at the trial or hearing of any person or company charged with violating any of…

(215 ILCS 5/1530) Sec. 1530. Examination. (a) An individual applying for a public adjuster license under this Article must pass a written examination unless he or she is exempt pursuant to Section 1535 of this Article. The examination shall test the knowledge of the individual co…

(215 ILCS 5/1535) Sec. 1535. Exemptions from examination. (a) An individual who applies for a public adjuster license in this State who was previously licensed as a public adjuster in another state based on a public adjuster examination shall not be required to complete any exami…

(215 ILCS 5/154) (from Ch. 73, par. 766) Sec. 154. Misrepresentations and false warranties. No misrepresentation or false warranty made by the insured or in his behalf in the negotiation for a policy of insurance, or breach of a condition of such policy shall defeat or avoid the …

(215 ILCS 5/154.10) Sec. 154.10. Description of the determination of a total loss of a vehicle. Upon the determination of a total loss of an insured vehicle, the insurance company shall provide the insured with a brief description of how that determination was made, including any…

(215 ILCS 5/154.5) (from Ch. 73, par. 766.5) Sec. 154.5. Improper Claims Practices) It is an improper claims practice for any domestic, foreign or alien company transacting business in this State to commit any of the acts contained in Section 154.6 if: (a) it is committed knowing…

(215 ILCS 5/154.6) (from Ch. 73, par. 766.6) Sec. 154.6. Acts constituting improper claims practice. Any of the following acts by a company, if committed without just cause and in violation of Section 154.5, constitutes an improper claims practice: (a) Knowingly misrepresenting t…

(215 ILCS 5/154.7) (from Ch. 73, par. 766.7) Sec. 154.7. Statement of Charges.) (1) Whenever the Director finds that any company doing business in this State is engaging in any improper claims practice as defined in Section 154.5, and that a proceeding in respect thereto would be…

(215 ILCS 5/154.8) (from Ch. 73, par. 766.8) Sec. 154.8. Cease and desist order; suspension of certificate; civil penalty; judicial review. (1) If, after a hearing pursuant to Section 154.7, the Director finds that company has engaged in an improper claims practice, he shall orde…

(215 ILCS 5/154.9) Sec. 154.9. Payment of applicable use or occupation tax, title, and transfer fees on a private passenger total loss claim. (a) When an insurer determines that an insured's or third-party claimant's private passenger automobile is a total loss that is covered un…

(215 ILCS 5/1540) Sec. 1540. Nonresident license reciprocity. (a) Unless denied licensure pursuant to Section 1555 of this Article, a nonresident person shall receive a nonresident public adjuster license if: (1) the person is currently licensed as a resident public adjuster and …

(215 ILCS 5/1545) Sec. 1545. License. (a) Unless denied licensure under this Article, persons who have met the requirements of this Article shall be issued a public adjuster license. (b) A public adjuster license shall remain in effect unless revoked, terminated, or suspended as …

(215 ILCS 5/155) (from Ch. 73, par. 767) Sec. 155. Attorney fees. (1) In any action by or against a company wherein there is in issue the liability of a company on a policy or policies of insurance or the amount of the loss payable thereunder, or for an unreasonable delay in sett…