TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE
SUBCHAPTER l: PROVISIONS APPLICABLE TO ALL COMPANIES
PART 929 MEDICAL LIABILITY INSURANCE RULES AND RATE FILINGS
SECTION 929.50 EXEMPTION FROM FILINGS


 

Section 929.50  Exemption from Filings

 

a)         A company is not required to file under this Part for individual risks in this State that cannot be rated in the normal course of business because of special or unusual characteristics, as provided in Section 456(1)(c) of the Code and that must be rated on the basis of underwriting judgment.

 

b)         A company must maintain documentary information regarding rates determined under subsection (a) for review by the Director.

 

(Source:  Added at 39 Ill. Reg. 392, effective December 19, 2014)