Ill. Admin. Code tit. 50, § 8100.900 - Impairment
Impairment occurs:
a) when an insurer does not possess assets
equal to at least its total statutory liabilities; or
b) when its surplus as regards policyholders
is 75% or less of the paid-up capital as shown in the most recent annual
statement of the company on file with the Division.
Notes
Amended at 34 Ill. Reg. 852, effective December 29, 2009
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