(215 ILCS 5/154.5) (from Ch. 73, par. 766.5)
Sec. 154.5.
Improper Claims Practices) It is an improper claims practice
for any domestic, foreign or alien company transacting business in this
State to commit any of the acts contained in Section 154.6 if:
(a) it is committed knowingly in violation of this Act or any rules promulgated
hereunder; or
(b) It has been committed with such frequency to indicate a persistent
tendency to engage in that type of conduct.
(Source: P.A. 80-926.)
|