reglab/housing_qa huggingface dataset:
215 ILCS 5/150.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (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 prior to the time such employees are granted membership in any  established retirement system or pension fund, by whatever name called,  created by and operating pursuant to any of the provisions of the "Illinois  Pension Code" if such employees are eligible for coverage under such  statute; provided that this provision shall not apply to any contract  entered into by a company for such annuity or pension plan for any such  group of employees prior to the effective date of this amendatory Act.    (Source: Laws 1967, p. 3002.)
215 ILCS 5/151
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (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 premium payable on the policy, or  on any policy or agent's commission thereon or earnings, profits, dividends  or other benefits founded, arising, accruing or to accrue thereon or  therefrom, or any special advantage in date of policy or age of issue, or  any paid employment or contract for services of any kind or any other  valuable consideration or inducement to or for insurance on any risk in  this State, now or hereafter to be written, or for or upon any renewal of  any such insurance, which is not specified in the policy contract of  insurance, or offer, promise, give, option, sell, purchase any stocks,  bonds, securities or property or any dividends or profits accruing or to  accrue thereon, or other thing of value whatsoever as inducement to  insurance or in connection therewith, or any renewal thereof which is not  specified in the policy. Nothing in this Section shall prevent a company  from paying a bonus to policyholders or otherwise abating their premiums in  whole or in part out of surplus accumulated from nonparticipating insurance  nor prevent a company which transacts industrial life insurance on a weekly  payment plan from returning to policyholders who have made premium payments  for a period of at least one year directly to the company at its home or  district offices the percentage of premium which the company would  otherwise have paid for the weekly collection of such premium nor shall  this Section be construed to prevent the taking of a bona fide obligation,  with interest at six per centum per annum, in payment of any premium.Nothing in this Section shall prevent a company from offering a child  passenger restraint system or a discount from the purchase price of a child  passenger restraint system to policyholders, when the purpose of such  restraint system is the safety of a child and compliance with the "Child  Passenger Protection Act", approved June 27, 1983, as amended.(2) No insured person or party or applicant for insurance shall directly  or indirectly receive or accept, or agree to receive or accept any rebate  of premium or of any part thereof or all or any part of any agent's or  broker's commission thereon, or any favor or advantage, or share in any  benefit to accrue under any policy of insurance, or any valuable  consideration or inducement, other than such as is specified in the policy.    (Source: P.A. 83-1320.)
215 ILCS 5/152
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (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 provisions of section 151 shall be entitled to receive  any commission for the sale of any policy on which any rebate, as defined  in such section, shall have been given or offered, and if any such company  has paid any commission to any agent or broker for the sale of any policy  on which such rebate has been given or offered, the full amount thereof may  be recovered by such company from such agent or broker.(3) No company shall be held guilty of having violated the provisions of  section 151 by reason of an act of any agent, general agent,  representative, broker or employee not an officer, director or department  head thereof, unless an officer, director or department head of such  company shall have knowingly permitted such act, or shall have had prior  knowledge thereof.    (Source: P.A. 77-2699.)
215 ILCS 5/153
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (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 the provisions of section  151 on the ground that such testimony or evidence may tend to incriminate  himself but no person shall be prosecuted for any act concerning which he  shall be compelled so to testify or produce evidence, documentary or  otherwise, and no testimony so given or evidence produced shall be received  against him upon any criminal investigation or proceeding except for  perjury committed in so testifying.    (Source: Laws 1937, p. 696.)
215 ILCS 5/154
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (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 policy or prevent its  attaching unless such misrepresentation, false warranty or condition shall  have been stated in the policy or endorsement or rider attached thereto, or  in the written application therefor. No such misrepresentation  or false warranty shall defeat or avoid the policy unless it shall have  been made with actual intent to deceive or materially affects either the  acceptance of the risk or the hazard assumed by the company. With respect to  a policy of insurance as defined in subsection (a), (b), or (c) of  Section 143.13,  except life, accident and health, fidelity and surety, and ocean marine  policies,  a policy or  policy renewal shall not be rescinded after the policy has been in effect for  one year or one policy term, whichever is less. This Section   shall  not apply to policies  of marine or transportation insurance.    (Source: P.A. 89-413, eff. 6-1-96.)
215 ILCS 5/154.5
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (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 knowingly in violation of this Act or any rules promulgated  hereunder; or(b) It has been committed with such frequency to indicate a persistent  tendency to engage in that type of conduct.    (Source: P.A. 80-926.)
215 ILCS 5/154.7
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (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 in the public interest, he shall issue and serve upon such  company a statement of the charges in that respect and a notice of hearing  thereon pursuant to Article XXIV, which notice shall set a hearing date  not less than 10 days from the date of the notice.(2) The failure of a company to appear at a hearing after receipt of a  statement of the charges and notice of hearing is considered a waiver of  notice and hearing, a stipulation that the charges against the company are  true, immediately suspends such company's Certificate of Authority for 30  days, and subjects the company to any other applicable provisions of  this Code.  The Director must notify the company of any suspension or action  taken under this Section.    (Source: P.A. 80-926.)
215 ILCS 5/154.8
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (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  order such company to cease and desist from such practices and, in the  exercise of reasonable discretion, may suspend  the company's certificate of authority for a period not to exceed 6  months or impose a civil penalty of up to $250,000, or both.  Pursuant to Section 401, the Director shall adopt reasonable rules   establishing standards for the implementation of this Section.(2) Any order of the Director pursuant to this Section is subject to  judicial review under Section 407 of this Code.  (Source: P.A. 101-81, eff. 7-12-19.)
215 ILCS 5/155
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (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 settling a claim, and it appears to the court that such action  or delay is vexatious and unreasonable, the court may allow as part of the  taxable costs in the action reasonable attorney fees, other costs, plus  an amount not to exceed any one of the following amounts:(a) 60% of the amount which the court or jury finds     such party is entitled to recover against the company, exclusive of all costs;(b) $60,000;(c) the excess of the amount which the court or jury     finds such party is entitled to recover, exclusive of costs, over the amount, if any, which the company offered to pay in settlement of the claim prior to the action.(2) Where there are several policies insuring the same insured  against the same loss whether issued by the same or by different  companies, the court may fix the amount of the allowance so that the  total attorney fees on account of one loss  shall  not  be increased by  reason of the fact that the insured brings separate suits on such policies.    (Source: P.A. 93-485, eff. 1-1-04.)
215 ILCS 5/155.01
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (from Ch. 73, par. 767.1)Sec. 155.01.     Interlocking directorates - when prohibited.Any person may be a director in two or more companies which are  competitors, provided no person at the same time shall be a director in  two or more companies where the effect may be to substantially lessen  competition generally or tend to create a monopoly. Whenever the Director  has reason to believe that there is a violation of this Section, the  Director shall proceed with respect to any person or company deemed by him  to be in violation of this Section, in accordance with the provisions of  Article XXIV and shall have power to issue an order directing such person  or company to cease and desist from such violation within such time, or  extension thereof, as may be specified by the Director. Any such order of  the Director shall be subject to review in accordance with the provisions  of Article XXIV.    (Source: Laws 1947, p. 1143.)
215 ILCS 5/155.03
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (from Ch. 73, par. 767.3)Sec. 155.03.     Defense  of ultra vires.No company doing business in this State shall assert by way of defense  or otherwise, in any suit, action or claim arising directly or indirectly  out of the issuance or delivery of any policy or certificate of insurance,  that such company was without capacity or power to issue such policy or  certificate or that such policy or certificate is void, invalid or  unenforceable because of such lack of capacity, if the coverage under the  policy or certificate was afforded with the express knowledge or the  consent or acquiescence of the company.    (Source: Laws 1959, p. 1970.)
215 ILCS 5/155.04
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (from Ch. 73, par. 767.4)Sec. 155.04.     Standards for companies and officials.(1) The Director shall not approve any declaration of organization or  Articles of Incorporation or issue a Certificate of Authority to any  company until he has found that (a) the company has submitted a sound plan  of operation, and (b) the general character and experience of the  incorporators, directors and proposed officers is such as to assure  reasonable promise of a successful operation, based on the fact that such  persons are of known good character and that there is no good reason to  believe that they are affiliated, directly or indirectly, through  ownership, control, management, reinsurance transactions or other insurance  of business relations with any person or persons known to have been  involved in the improper manipulation of assets, accounts or reinsurance.  The Director may require, in substantially the same form, the information  required under Section 131.5 of this Code.(2) All companies licensed to do business in this state must notify the  Director within 30 days of the appointment or election of any new officers  or directors.(3)  Except in cases where the Director deems that any officer or  director meets the standards set forth in this section, he shall, after  notice and hearing afforded to the officer or director, and after a finding  that the officer or director is incompetent or untrustworthy or of known  bad character, order the removal of the person. If a company does not  comply with a removal order within 30 days, the Director shall suspend that  company's Certificate of Authority until such time as the order is complied  with.(4) It shall be unlawful for a company to borrow money or  receive a  loan or advance from anyone convicted of a felony, anyone who is  untrustworthy or of known bad character or anyone convicted of a criminal  offense involving  the conversion or misappropriation of fiduciary funds or insurance  accounts, theft, deceit, fraud, misrepresentation or corruption.    (Source: P.A. 89-97, eff. 7-7-95.)
215 ILCS 5/155.05
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (from Ch. 73, par. 767.5)Sec. 155.05.     Payment  of insurance in burial benefits prohibited.No company, officer, director, agent or broker and no other person,  firm, association or corporation shall advertise, solicit, negotiate,  issue, effect or deliver in this State any policy or contract of insurance  or any series or combination of related or separate contracts, assignments,  endorsements or agreements for the purpose of making, or as part of a plan  which has the effect of making the proceeds of the policy, in event of  death, payable other than in lawful money of the United States or for the  purpose or as part of a plan which has the effect of depriving the family  or representative of the deceased of the advantages of open competition and  unrestricted choice in the procuring and purchasing in the open market of  supplies and services in connection with the burial of the deceased.    (Source: Laws 1947, p. 1152.)
215 ILCS 5/155.06
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (from Ch. 73, par. 767.6)Sec. 155.06.     Emergency by-laws may be adopted.The board of directors of any domestic insurance company may adopt  emergency by-laws to be approved by the Director, which will become  operative during an emergency resulting from an attack upon the United  States by nuclear, chemical, bacteriological or biological weapons. The  emergency by-laws may include provisions relating to a line of succession  of the officers, the manner in which vacancies on the board of directors  shall be filled, how and when the emergency board of directors may transact  business, alternate locations for the principal and regional offices,  emergency maintenance of books and records, and any other measures  reasonably related to the interim management of company affairs. If  emergency by-laws are adopted, copies shall be sent to the shareholders, or  similar body in other than stock companies, who may repeal or modify them  at the annual meeting or at any special meeting called for that purpose.    (Source: Laws 1965, p. 418.)
215 ILCS 5/155.07
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (from Ch. 73, par. 767.7)Sec. 155.07.     Change  of location of offices.Where an emergency exists, as defined in Section 155.06, the board of  directors of a domestic insurance company may change the location of the  company's principal and regional offices, but must give written notice to  the Director within 10 days after such change stating the address of the  new and former locations.    (Source: Laws 1965, p. 418.)
215 ILCS 5/155.08
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (from Ch. 73, par. 767.8)Sec. 155.08.     Statutory provisions operative during emergency.In the event that any domestic company has not adopted emergency  by-laws, the following provisions shall become operative during an  emergency as defined in Section 155.06:(1) The board of directors acting during such period may take any and  every action reasonably necessary to enable the company to meet the  exigencies of the emergency and to continue the business.(2) A quorum of the emergency board of directors shall consist of a  majority of the available surviving directors. If less than three directors  are able to convene, company officers may temporarily substitute as acting  directors until formal elections can be conducted or the regular directors  become available to resume their duties.(3) The line of succession of the officers for the purpose of filling  temporary vacancies of company offices and maintaining a quorum of three  acting directors on the board in time of emergency shall be president,  secretary, and treasurer followed by the vice-presidents ranked according  to their seniority in the company.    (Source: Laws 1965, p. 418.)
215 ILCS 5/155.10
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (from Ch. 73, par. 767.10)Sec. 155.10.     (Repealed).     (Source: P.A. 86-1154; 86-1156. Repealed by P.A. 89-97, eff. 7-7-95.)
215 ILCS 5/155.14
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (from Ch. 73, par. 767.14)Sec. 155.14.     (Repealed).     (Source: P.A. 77-305.  Repealed by P.A. 89-97, eff. 7-7-95.)
215 ILCS 5/155.15
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (from Ch. 73, par. 767.15)Sec. 155.15.     (Repealed).     (Source: P.A. 77-305.  Repealed by P.A. 89-97, eff. 7-7-95.)
215 ILCS 5/155.16
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (from Ch. 73, par. 767.16)Sec. 155.16.     (Repealed).     (Source: P.A. 77-305.  Repealed by P.A. 89-97, eff. 7-7-95.)
215 ILCS 5/155.17
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (from Ch. 73, par. 767.17)Sec. 155.17.             Every domestic or foreign company authorized to write insurance for  motor vehicle bodily injury shall not base the rates for such insurance  upon divisions or districts within any municipality which has a population  of 2,000,000 or more.    (Source: P.A. 77-1882.)
215 ILCS 5/155.18a
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

(This  Section was added by P.A. 94-677, which has been held unconstitutional)Sec. 155.18a. Professional Liability Insurance Resource Center. The Secretary of Financial and Professional Regulation shall establish a Professional Liability Insurance Resource Center on the Department's Internet website containing the name, telephone number, and base rates of each licensed company providing medical liability insurance and the name, address, and telephone number of each producer who sells medical liability insurance and the name of each licensed company for which the producer sells medical liability insurance. Each company and producer shall submit the information to the Department on or before September 30 of each year in order to be listed on the website. Hyperlinks to company websites shall be included, if available. The publication of the information on the Department's website shall commence on January 1, 2006. The Department shall update the information on the  Professional Liability Insurance Resource Center at least annually.  (Source: P.A. 94-677, eff. 8-25-05.)
215 ILCS 5/155.20
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (from Ch. 73, par. 767.20)Sec. 155.20.         All final arbitration decisions rendered in relation to disputes  or controversies arising out of injuries allegedly caused by reason of hospital  or health care provider malpractice shall be recognized by any insurance  company doing business in the State of Illinois and all findings of facts  relating to liability and awards of damages in relation thereto which are  a part of the final arbitration decision shall be binding on such insurance companies.    (Source: P.A. 79-1435.)
215 ILCS 5/155.21
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article IX - Provisions Applicable To All Companies

 (from Ch. 73, par. 767.21)Sec. 155.21. A company writing medical liability insurance shall not refuse  to offer insurance to a physician, hospital or other health care provider  on the grounds that the physician, hospital or health care provider has  entered or intends to enter an arbitration agreement pursuant to the Health Care          Arbitration Act.As used in this Section, medical liability insurance means insurance on  risks based upon negligence by a physician, hospital or other health care provider.       (Source: P.A. 95-331, eff. 8-21-07.)