reglab/housing_qa huggingface dataset:
215 ILCS 5/544
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIV - Illinois Insurance Guaranty Fund

 (from Ch. 73, par. 1065.94)Sec. 544.     Powers of the Director.     The Director shall either (a) suspend or revoke, after notice  and hearing pursuant to Sections 401, 402 and 403 of this Code, the  certificate of authority to do business in this State of any member company  which fails to pay an assessment when due or fails to comply with the plan  of operation, or (b) levy a fine on any member  company which fails to pay an assessment when due. Such fine shall not  exceed 5% per month of the unpaid assessment, except that no fine shall be  less than $200 per month.    (Source: P.A. 93-32, eff. 7-1-03.)
215 ILCS 5/546
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIV - Illinois Insurance Guaranty Fund

 (from Ch. 73, par. 1065.96)Sec. 546. Other insurance.(a) An insured or claimant shall be required first to exhaust all  coverage provided by any other insurance policy, regardless of whether or not  such other insurance policy was written by a member company, if the claim under  such other policy arises from the same facts, injury, or loss that gave rise to  the covered claim against the Fund.  The Fund's obligation under Section 537.2  shall be reduced by the amount recovered or recoverable, whichever is greater,  under such other insurance policy.  Where such other insurance policy provides  uninsured  or underinsured motorist coverage, the amount recoverable shall be deemed to be  the full applicable limits of such coverage.  To the extent that the Fund's  obligation under Section 537.2 is reduced by application of this Section, the  liability of the person insured by the insolvent insurer's policy for the claim  shall be reduced in the same amount. If the Fund pays a covered claim without the exhaustion of all other coverage that could have been exhausted under this Section, the Fund shall have an independent right of recovery against each insurer whose coverage was not exhausted in the amount the Fund would not have had to pay if that insurer's coverage had been exhausted first.(b) Any insured or claimant having a claim which may be recovered under more  than one insurance guaranty fund or its equivalent shall seek recovery  first from the Fund of the place of residence of the insured except that  if it is a first party claim for damage to property with a permanent  location, he shall first seek recovery from the Fund of the location of  the property; if it is a workers' compensation claim, he shall first  seek recovery from the Fund of the residence of the claimant. Any  recovery under this Article shall be reduced by the amount of the  recovery from any other insurance guaranty fund or its equivalent.  (Source: P.A. 99-387, eff. 8-17-15.)
215 ILCS 5/547
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIV - Illinois Insurance Guaranty Fund

 (from Ch. 73, par. 1065.97)Sec. 547.     Prevention of insolvencies.     To aid in the detection and prevention of company insolvencies:(a) The board of directors may, upon majority vote, make recommendations  to the Director on matters pertaining to regulation for solvency.(b) The board of directors may prepare a report on the history and causes  of any company  insolvency in which the Fund was obligated to pay covered claims, based on the  information available to the Fund, and submit such report to the Director.    (Source: P.A. 85-576.)
215 ILCS 5/548
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIV - Illinois Insurance Guaranty Fund

 (from Ch. 73, par. 1065.98)Sec. 548. Examination of the Fund. The Fund shall be subject to examination and regulation by the Director.  The board of directors shall, not later than April 30 of each year, submit  a financial report for the preceding calendar year in a form approved by  the Director.  (Source: P.A. 99-388, eff. 1-1-16.)
215 ILCS 5/549
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIV - Illinois Insurance Guaranty Fund

 (from Ch. 73, par. 1065.99)Sec. 549.         Tax  exemption.The Fund shall be exempt from payment of all fees and all taxes levied  by this State or any of its subdivisions.    (Source: P.A. 77-305.)
215 ILCS 5/550
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIV - Illinois Insurance Guaranty Fund

 (from Ch. 73, par. 1065.100)Sec. 550.     Immunity.There shall be no liability on the part of and no cause of action of any  nature shall arise against any member company, the Fund or their agents or  employees, the board of directors, or the Director or his representatives  for any action taken or omitted by them in the performance of their powers  and duties under this Article.    (Source: P.A. 77-305.)
215 ILCS 5/551
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIV - Illinois Insurance Guaranty Fund

 (from Ch. 73, par. 1065.101)Sec. 551.     Stay of proceedings.     All proceedings arising out of a claim under a policy of insurance written by  an insolvent company shall be stayed for 120 days from the date of the entry of  the Order of Liquidation to permit proper defense by the Fund of all such  pending causes of action.     (Source: P.A. 92-77, eff. 7-12-01.)
215 ILCS 5/552
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIV - Illinois Insurance Guaranty Fund

 (from Ch. 73, par. 1065.102)Sec. 552.         All provisions of this Article shall be interpreted in  accordance with and pursuant to those Sections of Article XIII of this Code  which may be applicable.    (Source: P.A. 85-576.)
215 ILCS 5/553
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIV - Illinois Insurance Guaranty Fund

(215 ILCS 5/553) (from Ch. 73, par. 1065.103)Sec. 553.     Severability.If any provision of this Article or the application thereof to any  claimant, company or circumstance is held invalid, such invalidity does not  affect other provisions or applications of this Article which can be given  effect without the invalid application or provision, and to this end the  provisions of this Article are declared to be severable.    (Source: P.A. 77-305.)
215 ILCS 5/Art. XXXVIIIA heading
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXVIIIA - Mine Subsidence Insurance

 Article XXXVIIIA  MINE SUBSIDENCE INSURANCE
215 ILCS 5/801.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXVIIIA - Mine Subsidence Insurance

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 into separate residential and  commercial sub-funds; and to make the Fund the reinsurer for the mine  subsidence insurance made available under this Article.    (Source: P.A. 88-379.)
215 ILCS 5/804.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXVIIIA - Mine Subsidence Insurance

Sec. 804.1.     Management of the Fund.(a) The Fund shall be managed by an 11 member Board of Directors, 6 of whom  shall be insurance industry directors, 4 of whom shall be public  directors, and one of whom shall be an Illinois licensed  insurance producer. The industry  directors shall be elected annually in the manner provided in Articles of  Governance adopted by the Fund.  The public directors shall be appointed by the  Director, and shall not be employees of or otherwise affiliated with the  insurance industry.  The Illinois licensed insurance producer shall be  appointed by the Director.(b) The members of the Governing Committee of the Illinois Mine Subsidence  Insurance Fund established by Article XXXVIII who are members of the Governing  Committee as of December 31, 1993 shall become the members of the Board of  Directors of the Fund established by this Article on the effective date of this  Act, and shall continue to hold office until the next annual meeting of the  Fund.(c) No later than the date of the next annual meeting of the Fund following  the effective date of this Act, the Director shall appoint 4 public directors,  one for a one-year term, one for a two-year term and 2 for three-year  terms.  No later than the date of the next annual meeting of the Fund following the  effective date of this amendatory Act of 1994, the Director shall appoint the  Illinois licensed insurance producer for a 2-year term. Thereafter, all public  directors and the licensed insurance producer shall be appointed for 3 year terms.(d) As soon as practical after the effective date of this Act, the Fund  shall adopt Articles of Governance, which shall be submitted to the Director  for his review and approval.    (Source: P.A. 88-379; 88-667, eff. 9-16-94; 89-206, eff. 7-21-95.)
215 ILCS 5/806.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXVIIIA - Mine Subsidence Insurance

Sec. 806.1.         Division of Fund Into Separate Residential and  Commercial Sub-funds.(a) Effective January 1, 1994, the Fund shall establish 2  separate  sub-funds, a Residential Fund to provide reinsurance for mine subsidence losses  arising from residential and living unit coverage and a Commercial Fund to  provide reinsurance for mine subsidence losses arising from commercial  coverage.  The assets and liabilities of the Fund shall be allocated to the two  sub-funds in such manner as determined by the Board of Directors, with the  approval of the Director.  The two sub-funds shall continue to be managed by  the Board of Directors.  Beginning January 1, 1994, all premiums received by  the Fund for residential coverage or living unit coverage shall be credited to  the Residential Fund, all losses and expenses for residential coverage or  living unit coverage shall be charged to the Residential Fund.  All premiums  received by the Fund for commercial coverage shall be credited to the  Commercial Fund, and all losses and expenses for commercial coverage shall be  charged to the Commercial Fund.  The Fund's overhead expenses shall be  allocated between the Residential Fund and the Commercial Fund on the basis of  annual written premium credited to each sub-fund.  The assets and liabilities  of  the Residential and Commercial Funds shall be accounted for  separately.  The assets of the Residential Fund shall not be used to reimburse  insurers for losses  for Commercial Coverage and the assets of the Commercial Fund shall not be used  to reimburse insurers for losses for residential coverage or living unit  coverage.(b) No insurer shall be required to pay any claim for any loss reinsured  under  this Article except to the extent that the amount available in the Residential  Fund or the Commercial Fund, as the case may be, is sufficient to reimburse the  insurer for such payment.    (Source: P.A. 88-379; 89-206, eff. 7-21-95.)
215 ILCS 5/807.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXVIIIA - Mine Subsidence Insurance

Sec. 807.1.         Exemption  of  Certain   Counties   by  the  Director.  The Director shall exempt every policy insuring residences, living units or  commercial buildings located in any county of 1,000,000 or more inhabitants or  any county contiguous to any such county, and, upon request of the Fund,  may exempt every policy insuring residences, living units or commercial  buildings located in any other specified county of this  State, from the provisions of Section 805.1 of this Article.    (Source: P.A. 91-357, eff. 7-29-99.)
215 ILCS 5/808.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXVIIIA - Mine Subsidence Insurance

Sec. 808.1.         Right of Insurers to Refuse to Provide Mine  Subsidence Coverage.  An insurer may refuse to provide mine subsidence coverage on a residence or  commercial building evidencing unrepaired mine subsidence damage until such  damage has been repaired.    (Source: P.A. 88-379.)
215 ILCS 5/809.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXVIIIA - Mine Subsidence Insurance

Sec. 809.1.     Arbitration.     In the event of a dispute between a policyholder and an insurer as to whether  a residence or commercial building covered by mine subsidence insurance has  been damaged by mine subsidence, a policyholder shall have the right to submit  that dispute to arbitration in accordance with this Section.  No policyholder  shall have the right under this Section to submit to arbitration any issue  regarding the amount of loss or damage caused to a residence or commercial  building by mine subsidence.Arbitration may be initiated only after the insurer has made a decision that  the residence or commercial building covered by mine subsidence insurance was  not damaged by mine subsidence and so notified the policyholder in writing,  accompanied by a notice informing the policyholder of the policyholder's right  to arbitration and containing specific reference to this Section.  Within 60  days after receipt by the policyholder of the notification, the policyholder  may initiate arbitration in accordance with the Commercial Arbitration Rules of  the American Arbitration Association, as then in effect.  All costs of the  arbitration shall be borne by the losing party.  Appeals from the decision of  the arbitrators shall be in accordance with the Uniform Arbitration Act as in  effect in Illinois.    (Source: P.A. 88-379.)
215 ILCS 5/810.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXVIIIA - Mine Subsidence Insurance

Sec. 810.1.     Reinsurance Agreements.     All insurers shall enter into a  reinsurance agreement with the Fund.   The reinsurance agreement shall be filed  with and approved by the  Director.  The agreement shall provide that each  insurer shall cede 100% of any subsidence insurance written up to the limits  contained in Section 805.1(c) to the Fund and, in  consideration of the ceding  commission retained by the insurer, agrees to distribute informational  publications provided by the Fund on a schedule set by the Fund, undertake  adjustment of losses, payment of taxes, and all other expenses of the insurer  necessary for sale of policies and administration of the mine subsidence  insurance coverage.  The Fund shall agree to reimburse the insurer for all  amounts reasonably and properly paid policyholders from claims resulting from  mine subsidence and for expenses specified in the reinsurance agreement.  In  addition, the reinsurance agreement may contain, and may authorize the Fund to  establish and promulgate deductibles.  The reinsurance agreement may also  contain reasonable rules and procedures covering  insurer documentation of losses; insurer reporting of claims, reports of  litigation, premiums and loss payments; loss payment review by the Fund;  remitting of premiums to the Fund; underwriting; and cause and origin  investigations; and procedures for  resolving disputes between the insurers and the Fund.    (Source: P.A. 90-655, eff. 7-30-98; 91-357, eff. 7-29-99.)
215 ILCS 5/811.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXVIIIA - Mine Subsidence Insurance

Sec. 811.1.     Distribution of Premiums.     The Fund is authorized to establish the proportion of total mine subsidence  insurance premiums collected by each insurer which shall be retained by the  insurer as a ceding commission, subject to review of the Director.  The  remainder of such premiums shall be remitted by the insurer to the Fund at  times to be determined by the Fund.  The ceding commission shall be uniform in  all reinsurance agreements entered into pursuant to Section 810.1 of this  Article  and shall be based on reasonable administrative costs to the insurers,  including agents' commissions.    (Source: P.A. 88-379.)
215 ILCS 5/812.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXVIIIA - Mine Subsidence Insurance

Sec. 812.1.     Claim Payments.     The Residential or the Commercial Fund, as the case may be, shall reimburse  insurers for all amounts due within 90 days after receiving adequate  documentation, as set forth in the reinsurance agreement, the Plan of Operation  or in the operating rules and procedures adopted by the Fund, that the insurer  has properly paid the claim and is entitled to reimbursement by the Fund,  subject to the limitations imposed by Section 806.1.    (Source: P.A. 88-379.)
215 ILCS 5/813.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXVIIIA - Mine Subsidence Insurance

Sec. 813.1.     Reporting Requirements.     Every insurer must report, at times designated by the Fund, such information  as is reasonably required by the Fund to conduct its affairs, establish claim  reserves, and reimburse insurers for losses paid to insureds.    (Source: P.A. 88-379.)
215 ILCS 5/814.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXVIIIA - Mine Subsidence Insurance

Sec. 814.1.     Right of Recourse.(a) The Fund shall have no right of recourse against the insurer, once the  Fund has reimbursed the insurer for any particular loss, unless the insurer has  failed to settle that loss in its customary manner, or in case of fraud by the  insurer.(b) The Fund may seek recovery against the policyholder for unjust  enrichment  if, in the Fund's judgment, the policyholder was not entitled to the amounts  paid because of fraud, or a material violation of the policy conditions.  The  insurer shall provide cooperation to the Fund.    (Source: P.A. 88-379.)
215 ILCS 5/815.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXVIIIA - Mine Subsidence Insurance

Sec. 815.1.     Subrogation.(a) All insurers issuing mine subsidence policies shall retain the right of  subrogation.(b) The Fund, on its own behalf, may exercise the right of subrogation.(c) Every insurer shall include in its reports an itemized list of all  losses  in subrogation and shall remit to the Fund all monies, less expenses, recovered  as the result of subrogation actions.    (Source: P.A. 88-379.)
215 ILCS 5/817.1
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXVIIIA - Mine Subsidence Insurance

(215 ILCS 5/817.1)Sec. 817.1.     Powers of Director.     In addition to any powers conferred upon  him by this or any other law, the Director shall have the authority to  supervise the operations of the Fund and shall review the Fund's rates once  every three years.  In addition the Director or any person designated by him  has the power:(a) to examine the operation of the Fund through free     access to all books, records, files, papers and documents relating to its operation and may summon, qualify and examine as witnesses all persons having knowledge of such operation, including officers, agents or employees thereof;(b) 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 which may be enacted for purposes similar to the purposes of this Article;(c) to require such reports as the Director may deem     necessary.   (Source: P.A. 90-655, eff. 7-30-98.)
215 ILCS 5/Art. XXXIX heading
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIX - Group Legal Expense Insurance

 ARTICLE XXXIX.      GROUP LEGAL EXPENSE INSURANCE
215 ILCS 5/900
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIX - Group Legal Expense Insurance

 (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  any governmental corporation, unit, agency or department thereof, or to  any corporation, copartnership, individual employer, or to any association  upon application of an executive officer or trustee of such association  having a constitution or bylaws and formed in good faith for purposes other  than that of obtaining insurance, where officers, members, employees, employees  of members or classes or departments thereof may be insured for their individual  benefit.  In addition, a group legal expense policy may be written to insure  any group which may be insured under a group life insurance policy.  The  term "employees" includes the officers, managers and employees or subsidiary  or affiliated corporations, and the individual proprietors, partners, and  employees of affiliated individuals and firms, when the business of such  subsidiary or affiliated corporations, firms or individuals is controlled  by a common employer through stock ownership, contract or otherwise.    (Source: P.A. 81-1361.)
215 ILCS 5/901
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XXXIX - Group Legal Expense Insurance

 (from Ch. 73, par. 1065.601)Sec. 901.         Group legal expense insurance authorized.)  Any insurance company  authorized to write legal expense insurance in this State shall have the  power to issue group legal expense insurance policies.  No policy,  certificate, endorsement, rider, or application which becomes or is designed  to become a part of any such policy of group legal expense insurance may  be issued or delivered in this State unless a copy of the form shall have  been filed with the Director of Insurance in accordance with Section 143  of this Code.  Such policy, certificate, endorsement, rider, or application  must contain those provisions required by Sections 902 through 906  of the Code.  No such policy, certificate, endorsement, application or rider  shall contain any provision which would interfere with the freedom of choice  by the insured in the selection  of attorneys except that the insurer  may select and contract with attorneys to verify plan coverage and to provide  the insureds with legal services which consist of initial advice and consultation.  Nothing herein shall prevent an insured, after plan coverage has been verified,  from choosing to go directly to his or her own attorney of choice for initial  advice and consultation, subject to applicable policy limitations.  Every such policy, certificate, endorsement, application or rider shall  prominently display language advising the insured of such freedom of choice  by the insured in the selection of attorneys  and that no company issuing such policy, certificate, endorsement, application  or rider may require, suggest or recommend the use of any attorney  or firm of attorneys, provided, however, that dissemination by an insurer  of the names of attorneys who have agreed to accept legal expense insurance  benefits as payment for certain legal services shall not constitute a requirement,  suggestion or recommendation of the use of any attorney or firm of attorneys.  The foregoing shall not prohibit referral of insured by the insurer to  any lawyer referral service authorized or operated by a state, county, local  or other bar association.  Any insurance company issuing such policies shall in no way interfere with  the attorney-client relationship nor with the independent exercise of professional  judgment by any attorney.    (Source: P.A. 83-774.)