Ill. Admin. Code tit. 50, § 2303.10 - Authority

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

This Rule is promulgated by the Director of Insurance pursuant to Section 401 of the Illinois Insurance Code (Ill. Rev. Stat. 1981 ch. 73, para. 1013) which empowers the Director "...to make reasonable rules and regulations as may be necessary for making..." effective the insurance laws of this State, Section 155.23, of the Illinois Insurance Code (Ill. Rev. Stat. 1981, ch. 73, para. 767.23 ) which specifically empowers the Director "...to promulgate reasonable rules requiring insurance companies licensed in the State...to report factual information in their possession which is pertinent to...property insurance claims,...after he has made a determination that such information is necessary to detect fraud or arson" and Section 155.23(2) of the Illinois Insurance Code (Ill. Rev. Stat. 19181, ch. 73, para. 767.23) which empowers the Director "to designate one or more data processing organizations or governmental agencies to assist the Director in gathering such information and making compilations thereof..." This rule implements Section 155.23 of the Illinois Insurance Code (Ill. Rev. Stat. 1981 ch. 73 para. 767.23).

Notes

Ill. Admin. Code tit. 50, § 2303.10

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