Article XXXIV – Illinois Insurance Guaranty Fund
(215 ILCS 5/Art. XXXIV heading) ARTICLE XXXIV. ILLINOIS INSURANCE GUARANTY FUND (215 ILCS 5/532) (from Ch. 73, par. 1065.82) Sec. 532. Purpose. (a) The purpose of this Article is to provide a mechanism for the payment of covered claims under certain insurance policies, to avoid excessive delay in payment of covered claims, to avoid […]
Article XXXVIIIA – Mine Subsidence Insurance
(215 ILCS 5/Art. XXXVIIIA heading) Article XXXVIIIA MINE SUBSIDENCE INSURANCE (215 ILCS 5/801.1) Sec. 801.1. Purpose. The purpose of this Article is to require insurers to make mine subsidence insurance coverage available for residences, living units and commercial buildings located in Illinois; to establish the Illinois Mine Subsidence Insurance Fund; to divide the Fund […]
Article XXXIX – Group Legal Expense Insurance
(215 ILCS 5/Art. XXXIX heading) ARTICLE XXXIX. GROUP LEGAL EXPENSE INSURANCE (215 ILCS 5/900) (from Ch. 73, par. 1065.600) Sec. 900. Group legal expense defined. Group legal expense insurance means that form of legal expense insurance covering not less than 10 employees, members, or employees of members, written under a master policy issued to […]
Article XL – Insurance Information And Privacy Protection
(215 ILCS 5/Art. XL heading) ARTICLE XL. INSURANCE INFORMATION AND PRIVACY PROTECTION (215 ILCS 5/1001) (from Ch. 73, par. 1065.701) Sec. 1001. Purpose. The purpose of this Article is to establish standards for the collection, use and disclosure of information gathered in connection with insurance transactions by insurance institutions, agents or insurance-support organizations; to […]
Article XLI – Risk Retention Arrangements For Banking Associations
(215 ILCS 5/Art. XLI heading) ARTICLE XLI. RISK RETENTION ARRANGEMENTS FOR BANKING ASSOCIATIONS (215 ILCS 5/1101) (from Ch. 73, par. 1065.801) Sec. 1101. Scope of Article. This Article applies only to trusts sponsored by domestic banking associations and organized under this Article to provide casualty insurance authorized under Section 5 of the Illinois Banking […]
Article XLII – Insurance Cost Containment
(215 ILCS 5/Art. XLII heading) ARTICLE XLII. INSURANCE COST CONTAINMENT (215 ILCS 5/1200) (from Ch. 73, par. 1065.900) Sec. 1200. This Article shall be known and may be cited as the “Illinois Insurance Cost Containment Act”. (Source: P.A. 84-1431.) (215 ILCS 5/1201) (from Ch. 73, par. 1065.901) Sec. 1201. Purpose of Article. The […]
Article XLIII – Mortgage Insurance Consolidation
(215 ILCS 5/Art. XLIII heading) ARTICLE XLIII. Mortgage Insurance Consolidation (215 ILCS 5/1300) (from Ch. 73, par. 1065.1000) Sec. 1300. Title. This Article may be cited as the Mortgage Insurance Consolidation Law. (Source: P.A. 86-378.) (215 ILCS 5/1301) (from Ch. 73, par. 1065.1001) Sec. 1301. Purpose. The purpose of this Article is to […]
Article XLIV – Financial Institutions Insurance Sales Law
(215 ILCS 5/Art. XLIV heading) Article XLIV. FINANCIAL INSTITUTIONS INSURANCE SALES LAW (215 ILCS 5/1400) Sec. 1400. Title. This Article may be cited as the Financial Institutions Insurance Sales Law. (Source: P.A. 90-41, eff. 10-1-97.) (215 ILCS 5/1401) Sec. 1401. Purpose. The purpose of this Article is to increase the availability of insurance […]
Article XLV – Public Adjusters
(215 ILCS 5/Art. XLV heading) ARTICLE XLV. PUBLIC ADJUSTERS (Source: P.A. 96-1332, eff. 1-1-11.) (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 […]
Article XLVI – Travel Insurance
(215 ILCS 5/Art. XLVI heading) ARTICLE XLVI. TRAVEL INSURANCE (Source: P.A. 102-212, eff. 10-28-21.) (215 ILCS 5/1620) Sec. 1620. Short title. This Article may be cited as the Travel Insurance Act. (Source: P.A. 102-212, eff. 10-28-21.) (215 ILCS 5/1625) Sec. 1625. Scope and purposes. (a) The purpose of this Article is to promote […]