(215 ILCS 5/143.21.1) (from Ch. 73, par. 755.21.1)
Sec. 143.21.1.
After a policy of fire and extended coverage, as defined
in Section 143.13, has been effective or renewed for 5 or more years, the
company shall not exercise its right of non-renewal unless:
1. The policy was obtained by misrepresentation or fraud; or
2. The risk originally accepted has measurably increased; or
3. The insured has received 60 days notice of the intention of the company
not to renew as provided in Section 143.17.
(Source: P.A. 80-1126.)
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