Section 927.20  Purpose and Scope

The purpose of this Part is to continue uniformity in annual statements filed with the Director of Insurance pursuant to Section 136 of the Illinois Insurance Code as respects the treatment of salvage and subrogation recoverables. This Part applies to all domestic, foreign and alien companies authorized to transact business of insurance in the State of Illinois.

(Source:  Amended at 17 Ill. Reg. 15834, effective September 14, 1993)