reglab/housing_qa huggingface dataset:
215 ILCS 5/513b5
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIIB - Pharmacy Benefit Managers

Sec. 513b5. Failure to register.  Any pharmacy benefit manager that operates without a registration or fails to register with the Director and pay the fee prescribed by this Article is an unauthorized insurer as defined in Article VII of this Code and shall be subject to all penalties provided for therein.  (Source: P.A. 101-452, eff. 1-1-20.)
215 ILCS 5/513b6
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIIB - Pharmacy Benefit Managers

(215 ILCS 5/513b6)Sec. 513b6. Insurance Producer Administration Fund.   All fees and fines paid to and collected by the Director under this Article shall be paid promptly after receipt thereof, together with a detailed statement of such fees, into the Insurance Producer Administration Fund.  The moneys deposited into the Insurance Producer Administration Fund may be transferred to the Professions Indirect Cost Fund, as authorized under Section 2105-300 of the Department of Professional Regulation Law of the Civil Administrative Code of Illinois.  (Source: P.A. 101-452, eff. 1-1-20.)
215 ILCS 5/Art. XXXIII heading
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII - Urban Property Insurance

 ARTICLE XXXIII.      URBAN PROPERTY INSURANCE
215 ILCS 5/522
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII - Urban Property Insurance

 (from Ch. 73, par. 1065.69)Sec. 522.     Purpose.     This article is to make basic property insurance increasingly available  to the citizens of this State, and to deter the insurance industry from  geographically redlining urban areas of this State by requiring the restructuring  of the Industry Placement Facility and administering the FAIR Plan (Fair  Access to Insurance Requirements) to deliver residential property insurance  to all citizens of this State on a reasonable access and marketing basis  by offering homeowners insurance, by requiring immediate binding of eligible  risks, by making use of premium installment payment plans, and by further  establishing reasonable service standards in its plan of operation subject  to the approval and review of the Director; and, to establish a central  operation facility for the equitable distribution of losses and expenses  in the writing of the basic property insurance and homeowners insurance in this State.    (Source: P.A. 80-1365.)
215 ILCS 5/523
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII - Urban Property Insurance

 (from Ch. 73, par. 1065.70)Sec. 523.         Definitions.) (1) "Basic Property Insurance" means the  coverage against direct loss to real or tangible personal property at a  fixed location provided in the Standard Fire Policy and Extended  Coverage Endorsement and such vandalism and malicious mischief or such  other classes of insurance as may be added with respect to the property  by the Industry Placement Facility with the approval of the Director, except  insurance on automobile, farm and manufacturing  risks and it shall include homeowners insurance.(2) "Homeowners Insurance" means the personal multi-peril property  coverages commonly known as Homeowners Insurance.(3) "Inspection Bureau(s)" means the organization or organizations  designated by the Industry Placement Facility with the approval of the  Director to make inspections to determine the condition of the  properties for which basic property insurance is sought and to perform  such other duties as may be authorized by the Industry Placement  Facility;(4) "Industry Placement Facility" or "Facility" means the  organization formed by insurers licensed to write and engaged in writing  basic property insurance (including multi-peril policies)  within the State of Illinois to assist applicants in urban areas in  securing basic property insurance and to formulate and administer a  program for the equitable apportionment among such insurers of such  basic property insurance.(5) "Urban Area" means any community having a blighted, deteriorated  or deteriorating area which the Facility has designated with the  approval of the Director, or which the Secretary of the U.S. Department  of Housing and Urban Development has approved for an urban renewal  project after a local public agency has been formed in the community to  avail itself of a U.S. Housing and Urban Renewal Program, or which the  Director of Insurance has designated.(6) "Premiums Written" means the gross direct premiums charged with  respect to property in this State on all policies of basic property  insurance and the basic property insurance premium components of all  multi-peril policies less return premiums, dividends paid or credited to  policyholders, or the unused or unabsorbed portions of premium deposits.    (Source: P.A. 80-1365.)
215 ILCS 5/524
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII - Urban Property Insurance

 (from Ch. 73, par. 1065.71)Sec. 524.     FAIR Plan Procedure.     (1) Any person having an insurable  interest in real or tangible personal property at a fixed location in an  urban area who, after diligent effort has been unable to obtain basic  property insurance, as evidenced by 3 attempts to procure such insurance,  is entitled upon application to the Facility to an  inspection and evaluation of the property by representatives of the  Inspection Bureau.(2) Any person who is an owner-resident of a one to four family  dwelling unit at a fixed location in an urban area and whose residential  real property insurance coverage has been nonrenewed through the  voluntary insurance market shall be entitled to submit a binding  application of coverage to the Facility for such period of time as is  required by the Facility to conduct a reasonable inspection of the  residential real property.(3) The manner and scope of the inspection and evaluation report  for nonresidential property shall be prescribed by the Facility with  the approval of the Director. The  inspection must include, but need not be limited to, pertinent  structural and occupancy features as well as the general condition of  the building and surrounding structures. A representative photograph of  the property may be taken as part of the inspection.(4) Promptly after the request for inspection is received an  inspection must be made and an inspection report filed with the company  or companies designated by the Facility. A copy of the completed  inspection and evaluation report must be sent to the Facility and made  available to the  applicant and to insurers in the voluntary insurance market upon request.(5) If the Inspection Bureau finds that the residential property meets  the reasonable underwriting standards established under Section 525, the  applicant shall be so informed in writing. If the residential property does  not meet the criteria, the applicant shall be informed, in writing, of the  reasons for the failure of the residential property to meet the criteria.(6) If, at any time, the applicant makes improvements in the residential  property or its condition which he or she believes are sufficient to make  the residential property meet the criteria, a representative of the Inspection  Bureau shall reinspect the residential property upon request. In any case,  the applicant for residential property insurance shall be eligible for one  reinspection any time  beginning 60 days after his or  her initial Fair plan inspection. If upon reinspection the residential property  meets the reasonable underwriting standards established under Section 525,  the applicant shall be so informed in writing.    (Source: P.A. 81-1430.)
215 ILCS 5/525.2
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII - Urban Property Insurance

 (from Ch. 73, par. 1065.72-2)Sec. 525.2.     Premium financing.In the event the Industry Placement Facility accepts premium payments  from licensed premium financing companies and whenever a financed FAIR Plan  insurance contract is cancelled in accordance with Section 521 of the  Illinois Insurance Code, the insurer or Industry Placement Facility shall  return whatever gross unearned premium is due under the insurance contract  to the premium finance company effecting the cancellation for the account  of the insured or insureds less the proportionate amount of the commissions  paid by it to the producers of such FAIR Plan risk, prorated as to the  unearned portion of the premium, which amount such producers shall return  to the premium finance company. In the event of cancellation as set forth  above the Industry Placement Facility may deduct and retain from the return  premium a reasonable amount as a service charge.    (Source: P.A. 77-1561.)
215 ILCS 5/525.3
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII - Urban Property Insurance

 (from Ch. 73, par. 1065.72-3)Sec. 525.3.     Approval of Rates.     In the event that the Industry Placement  Facility proposes to issue policies of insurance or endorsements thereto  pursuant to subsection (1) of Section 525.1, the Facility shall file for  approval with the Director the proposed rates and supplemental rate information  to be used in connection with the issuance of such policies or endorsements.  Within 60 days of the filing of the proposed rates, the Director shall enter  an order either approving or disapproving, in whole or in part, the rate  plan filed.  The Director may, upon notice to the Industry Placement Facility,  extend the period for entering an order under this Section an additional  30 days.  No such policies or endorsements shall be issued until such time  as the Director approves the rates to be applied to the policy or endorsement.  An order disapproving a rate shall state the grounds for the disapproval  and the findings in support thereof.    (Source: P.A. 81-1426.)
215 ILCS 5/527
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII - Urban Property Insurance

 (from Ch. 73, par. 1065.74)Sec. 527.         Right  to appeal.  (1) Any applicant or affected insurer has the right of appeal to the  Governing Committee. A decision of the Committee may be appealed to the  Director within 30 days after such decision.(2) All orders or decisions of the Director made pursuant to this  Article are subject to judicial review  in accordance with the  Administrative Review Law.    (Source: P.A. 82-783.)
215 ILCS 5/528
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII - Urban Property Insurance

 (from Ch. 73, par. 1065.75)Sec. 528.     Inspection reports.There is no liability on the part of, and no cause of action against  insurers, the Inspection Bureau, the Facility, the Association, the  Governing Committee, their agents or employees, or the Director or his  authorized representatives, with respect to any inspections required to be  undertaken by this Article or for any acts or omissions in connection  therewith, or for any statements made in any report and communication  concerning the insurability of the property, or in the findings required by  the provisions of this Article, or at the hearings conducted in connection  with such inspections. The reports and communications of the Inspection  Bureau, the Facility, the Association, and the records of the Governing  Committee are not considered public documents.    (Source: Laws 1968, p. 15.)
215 ILCS 5/529
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII - Urban Property Insurance

 (from Ch. 73, par. 1065.76)Sec. 529.     Illinois Insurance Development Fund.(a) A trust fund is created to be known as the "Illinois Insurance  Development Fund" to be administered by the State Treasurer as a special  trust fund. The purpose is to provide financial back-up for the Facility  and the Association in order to enable companies to qualify for riot and  civil disorder reinsurance under the National Insurance Development  Corporation Act of 1968 or any other act of the United States which will  similarly provide reinsurance or financial back-up to accomplish the  purpose of this Article.(b) The Fund shall consist of all payments made to the Fund by companies  in accordance with the provisions of this Article, any securities acquired  by and through use of monies belonging to the Fund, any monies appropriated  to the Fund, and any interest and accretions earned on assets of the Fund.  The State Treasurer shall have the same power to enforce the collection of  the assessments provided hereunder as any other obligation due the State.    (Source: P.A. 76-714.)
215 ILCS 5/529.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII - Urban Property Insurance

 (from Ch. 73, par. 1065.76-1)Sec. 529.1.     Reimbursement of the Secretary.         The Fund shall reimburse the Secretary of the Department of Housing and  Urban Development (hereinafter referred to as "the Secretary") under the  provisions of Section 1223(a) (1) of the Urban Property Protection and  Reinsurance Act of 1968 (hereinafter referred to as "the Act") for losses  reinsured by the Secretary and occurring in this State on or after August  1, 1968, provided that the total amount of reimbursement in any one year  shall not, in the aggregate, exceed 5% of the aggregate property insurance  premiums earned in this State during the preceding calendar year on those  lines of insurance reinsured by the Secretary in this State during the  calendar year.    (Source: P.A. 76-714.)
215 ILCS 5/529.2
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII - Urban Property Insurance

 (from Ch. 73, par. 1065.76-2)Sec. 529.2.     Making of assessments.         Whenever the Secretary shall, in accordance with the Act, present to the  State a request for reimbursement under the Act, the Fund shall immediately  assess all companies which, during the calendar year with respect to which  reimbursement is requested by the Secretary, are engaged in writing  property insurance in this State. The amount of each such company's  assessment shall be calculated by multiplying the amount of the  reimbursement requested by the Secretary by a fraction the numerator of  which is the company's direct property insurance premiums earned in this  State and the denominator of which is the aggregate of such premiums for  all companies. Within 30 days following the end of each full calendar  quarter, each company shall pay to the Fund an amount equal to one-twelfth  of the company's assessment.    (Source: P.A. 76-714.)
215 ILCS 5/529.3
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII - Urban Property Insurance

 (from Ch. 73, par. 1065.76-3)Sec. 529.3.     Insolvency.     In the event any company fails, by reason of insolvency, to pay any  assessment, the Fund shall cause the reimbursement ratios, computed  under Section 529.2, to be immediately recalculated, excluding therefrom the  amount of the insolvent company's assessment determined by the Director  of Insurance to be uncollectible, so that such uncollectible amount is,  in effect, assumed and redistributed among the remaining companies.    (Source: P.A. 81-1509.)
215 ILCS 5/529.4
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII - Urban Property Insurance

 (from Ch. 73, par. 1065.76-4)Sec. 529.4.             Whenever the fund shall assess insurers in accordance with this Section,  each insurer may charge an additional premium on every property insurance  policy issued by it insuring property in this state, the effective date of  which policy is within the 3 year period commencing 90 days after the date  of assessment by the Fund. The amount of the additional premium shall be  calculated on the basis of a uniform percentage of the premium on such  policies equal to 1/3 of the ratio of the amount of an insurer's assessment  to the amount of its direct earned premiums for the calendar year  immediately preceding the year in which the assessment is made, such that  over the period of 3 years the aggregate of all such additional premium  charges by an insurer shall be equal to the amount of the assessment of  such insurer. The minimum additional premium charged on a policy may be  $1.00 and any other additional premium charged may be rounded to the  nearest dollar.    (Source: P.A. 76-714.)
215 ILCS 5/529.5
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII - Urban Property Insurance

 (from Ch. 73, par. 1065.76-5)Sec. 529.5.         The Industry Placement Facility shall compile an annual  operating report, and publish such report in at least 2 newspapers having  widespread circulation in the State, which report shall include:(1) a description of the origin and purpose of the Illinois Fair Plan  and its relationship to the property and casualty insurance industry in  Illinois;(2) a financial statement specifying the amount of profit or loss incurred  by the Facility for its financial year; and(3) a disclosure as to the amount of subsidization per type of policy  written by the Facility, which is provided by the property and casualty  insurance companies operating in Illinois, if any.This annual report shall be a matter of public record to be made available  to any person requesting a copy from the Facility at a fee not to exceed  $10 per copy.  A copy shall be available for inspection at the  Department of Insurance.    (Source: P.A. 93-32, eff. 7-1-03.)
215 ILCS 5/530
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII - Urban Property Insurance

 (from Ch. 73, par. 1065.77)Sec. 530.         Powers of the Director.)  In addition to any powers  conferred upon him by this or any other law, the Director is charged  with the authority to supervise the Inspection Bureau, the Facility and  the Association.  In addition the Director or any person designated by  him has the power:(1) to examine the operation of the Facility and Association through  free access to all the books, records, files, papers and documents  relating to their operation and may summon, qualify and examine as  witnesses all persons having knowledge of such operations including  officers, agents or employees thereof;(2) to do all things necessary to enable the State of Illinois and  any insurer participating in any Program approved by the Director to  fully participate in any federal program of reinsurance which may be  enacted for purposes similar to the purposes of this Article;(3) to require such reports from insurers concerning risks insured  under any Program approved pursuant to this Article as he may deem  necessary;(4) to approve a homeowners policy form(s) for the Industry Placement Program.(5) To require the Insurance Placement Program to develop marketing programs  which will deter urban redlining and other unfairly discriminatory geographic  underwriting programs by making readily available basic property insurance.(6) to permit modification of the Standard Fire Policy issued by the  facility for non owner-occupied residences exceeding four units, after the  director has conducted a public hearing which establishes that such modifications:1) will provide for equitable settlements of loss;2) will discourage arson for profit; and3) will encourage neighborhood revitalization, while maintaining the interests  of the insured and the facility.  The Director shall confer with the facility  to establish criteria by which it can be determined whether such modification  of the Standard Fire Policy is accomplishing its objectives.  The Director  shall conduct, within two years of any modification of the Standard Fire  Policy, a public hearing to determine whether such modification has accomplished  the three preceding objectives.  In the event that such public hearing does  not establish that such objectives are being accomplished, then the Director  shall rescind the modification of the Standard Fire Policy, or further modify  such policy to accomplish the objectives.    (Source: P.A. 82-499.)
215 ILCS 5/530a
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII - Urban Property Insurance

(215 ILCS 5/530a) (from Ch. 73, par. 1065.77a)Sec. 530a.         The Director of Insurance shall form a task force to review  the policy forms and endorsements issued by the Industry Placement Facility  on residential property of 5 or more dwelling units.  The task force shall  consider the coverage, perils and settlement provisions and make their recommendations  to the Director by January 15, 1981, on proposed policy forms and endorsements  which will provide for equitable settlement of loss, discourage arson for  profit and encourage neighborhood revitalization.  Any recommendation of  the task force shall consider the impact on the continuous goal of depopulation  of the Facility.The Task force shall be comprised of members of the insurance industry,  general public and 4 members of the General Assembly, 2 to be appointed  by the President of the Senate and 2 by the Speaker of the House with equal  representation from the majority and minority parties.The Director shall hold public hearings on the task force recommendations  and promulgate a rule to adopt such policy forms and endorsements as minimum  standards for the Industry Placement Facility.    (Source: P.A. 81-1432.)
215 ILCS 5/Art. XXXIII.5 heading
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII 1/2 - Life and Health Insurance Guaranty Association

 ARTICLE XXXIII 1/2.      LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION
215 ILCS 5/531.01
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII 1/2 - Life and Health Insurance Guaranty Association

 (from Ch. 73, par. 1065.80-1)Sec. 531.01.         Title.)  This Article is known and may be  cited as the Illinois Life and Health Insurance Guaranty Association  Law.    (Source: P.A. 81-899.)
215 ILCS 5/531.01a
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIII 1/2 - Life and Health Insurance Guaranty Association

 (from Ch. 73, par. 1065.80-1a)Sec. 531.01a.     Existing Liability.     Any liabilities of the  Association for any member company  which was an insolvent insurer as defined by this Article prior to January  1, 1986 shall be  determined under the law which was in effect at the time the member company  became an insolvent insurer  as if there had been no amendment to that law.  Any liabilities of the  Association for a member company which became an insolvent insurer on or after  January 1, 1986, shall be  determined under the law in effect at the time when the member became an  insolvent insurer, notwithstanding any prior law.On or after January 1, 1986, any assessments made against other member  companies to meet Association liabilities shall be made based on  the law which  was in effect when the member company was an impaired or  insolvent insurer as defined by this Article.  If different assessment  methods are used in any one year, those assessments shall be aggregated for  purposes of calculating the  aggregate assessment under Sections 531.09 and 531.13.    (Source: P.A. 84-1035.)