Ill. Admin. Code tit. 50, § 2201.30 - Loss and Loss Expense Reserves

Current through Register Vol. 46, No. 15, April 8, 2022

The company shall keep a complete and itemized record showing all losses and claims on which it has received notice, including all notices received by it of the occurrence of any event which may result in a loss. Such record shall be opened in chronological receipt order, with each notice of loss or claim identified by appropriate number or coding.

Notes

Ill. Admin. Code tit. 50, § 2201.30

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