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SB2910 • 2026

INS-FAIR PLAN ASSOCIATION

INS-FAIR PLAN ASSOCIATION

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Bob Morgan
Last action
2026-06-18
Official status
Sent to the Governor
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

INS-FAIR PLAN ASSOCIATION

INS-FAIR PLAN ASSOCIATION

What This Bill Does

  • INS-FAIR PLAN ASSOCIATION

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

Senate Committee Amendment No. 1

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Bill History

  1. 2026-06-18 Illinois General Assembly

    Sent to the Governor

  2. 2026-05-21 Illinois General Assembly

    Third Reading - Short Debate - Passed 107-000-000

  3. 2026-05-21 Illinois General Assembly

    Passed Both Houses

  4. 2026-05-19 Illinois General Assembly

    Second Reading - Short Debate

  5. 2026-05-19 Illinois General Assembly

    Placed on Calendar Order of 3rd Reading - Short Debate

  6. 2026-05-06 Illinois General Assembly

    Placed on Calendar 2nd Reading - Short Debate

  7. 2026-05-05 Illinois General Assembly

    Added Alternate Chief Co-Sponsor Rep. Jeff Keicher

  8. 2026-05-05 Illinois General Assembly

    Do Pass / Short Debate Insurance Committee ; 015-000-000

  9. 2026-04-27 Illinois General Assembly

    Assigned to Insurance Committee

  10. 2026-04-17 Illinois General Assembly

    Arrived in House

  11. 2026-04-17 Illinois General Assembly

    Chief House Sponsor Rep. Bob Morgan

  12. 2026-04-17 Illinois General Assembly

    First Reading

  13. 2026-04-17 Illinois General Assembly

    Referred to Rules Committee

  14. 2026-04-16 Illinois General Assembly

    Third Reading - Passed; 057-000-000

  15. 2026-04-14 Illinois General Assembly

    Placed on Calendar Order of 3rd Reading ** April 15, 2026

  16. 2026-03-04 Illinois General Assembly

    Second Reading

  17. 2026-03-04 Illinois General Assembly

    Placed on Calendar Order of 3rd Reading March 5, 2026

  18. 2026-02-18 Illinois General Assembly

    Do Pass as Amended Insurance ; 012-000-000

  19. 2026-02-18 Illinois General Assembly

    Placed on Calendar Order of 2nd Reading February 19, 2026

  20. 2026-02-18 Illinois General Assembly

    Added as Co-Sponsor Sen. Seth Lewis

  21. 2026-02-17 Illinois General Assembly

    Senate Committee Amendment No. 1 Filed with Secretary by Sen. Julie A. Morrison

  22. 2026-02-17 Illinois General Assembly

    Senate Committee Amendment No. 1 Referred to Assignments

  23. 2026-02-17 Illinois General Assembly

    Senate Committee Amendment No. 1 Assignments Refers to Insurance

  24. 2026-02-17 Illinois General Assembly

    Senate Committee Amendment No. 1 Adopted

  25. 2026-02-03 Illinois General Assembly

    Assigned to Insurance

  26. 2026-01-27 Illinois General Assembly

    Filed with Secretary by Sen. Julie A. Morrison

  27. 2026-01-27 Illinois General Assembly

    First Reading

  28. 2026-01-27 Illinois General Assembly

    Referred to Assignments

Official Summary Text

INS-FAIR PLAN ASSOCIATION

Current Bill Text

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Illinois General Assembly - Full Text of SB2910

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Full Text of SB2910

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SB2910 - 104th General Assembly

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Senate Amendment 001

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Senate Amendment 001

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SB2910 Enrolled
LRB104 17746 BAB 31177 b
1

AN ACT concerning regulation.

2

Be it enacted by the People of the State of Illinois,
3
represented in the General Assembly:

4

Section 5.
The Illinois Insurance Code is amended by
5
changing the heading of Article XXXIII and Sections 143.22,
6
522, 523, 524, 525.1, 525.3, 527, 528, 529, 529.2, 529.5, and
7
530 and by adding Section 524.5 as follows:

8

(215 ILCS 5/Art. XXXIII heading)
9
ARTICLE XXXIII.

AVAILABILITY OF

URBAN
10
PROPERTY INSURANCE

11

(215 ILCS 5/143.22)

(from Ch. 73, par. 755.22)
12

Sec. 143.22.
Notice to Insured as to Eligibility of
13
Illinois
FAIR

Fair
Plan Association.
When a policy containing
14
fire and extended coverage insurance is cancelled or
15
nonrenewed other than for nonpayment of premium or evidence of
16
incendiarism and if the location of the insured property is
17
within the State of Illinois
,
the company shall notify the
18
named insured of his eligibility for the FAIR Plan
and the
19
insured's ability to submit an application to the FAIR Plan.

20
and shall explain the procedure to make application to the
21
FAIR Plan.
Such notice shall
include the FAIR Plan's mailing
22
address, website address, and telephone number, as provided on

SB2910 Enrolled
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LRB104 17746 BAB 31177 b
1
the FAIR Plan's website, and shall
accompany or be included in
2
the notice of cancellation or the notice of intent not to
3
renew.
4
(Source: P.A. 86-437.)

5

(215 ILCS 5/522)

(from Ch. 73, par. 1065.69)
6

Sec. 522.
Purpose.
The purpose of this Article

This
7
article
is to make basic property insurance increasingly
8
available to the citizens of this State
,

by authorizing an
9
Association of insurers licensed to write and engaged in
10
writing basic property insurance, including multi-peril
11
policies, within this State, to make available

and to deter
12
the insurance industry from geographically redlining urban
13
areas of this State by requiring the restructuring of the
14
Industry Placement Facility and administering the FAIR Plan
15
(Fair Access to Insurance Requirements) to deliver residential

16
property insurance to all citizens of this State on a
17
reasonable access and marketing basis by offering
basic
18
property

homeowners
insurance
,

to qualified applicants,

by
19
requiring immediate
binding of eligible risks,
using

by making
20
use of
premium installment payment plans, and
by further

21
establishing reasonable service standards in its plan of
22
operation
subject to the approval and review of the Director
;
23
and, to
authorize and administer a mechanism

establish a
24
central operation facility
for the equitable distribution of
25
surpluses,
losses
,
and expenses
of the Association
in the

SB2910 Enrolled
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LRB104 17746 BAB 31177 b
1
writing of the basic property insurance and homeowners
2
insurance in this State.
3
(Source: P.A. 80-1365.)

4

(215 ILCS 5/523)

(from Ch. 73, par. 1065.70)
5

Sec. 523.
Definitions.
)

As used in this Article:

6

"Association" means the association, commonly referred to
7
as the Illinois FAIR Plan Association, formed pursuant to this
8
Article by all admitted insurers engaged in writing in this
9
State, on a direct basis, basic property insurance or any
10
basic property insurance component in multi-peril policies,
11
excluding farm mutual companies.

12

(1)

"Basic property insurance"

"Basic Property Insurance"

13
means the coverage against direct loss to real or tangible
14
personal property at a fixed location provided in the Standard
15
Fire Policy and Extended Coverage Endorsement
, including
16
homeowners insurance and commercial property insurance,
and
17
such vandalism and malicious mischief or such other classes of
18
insurance as may be added with respect to the property by the
19
Association

Industry Placement Facility with the approval of
20
the Director
, except insurance on automobile, farm
,
and
21
manufacturing risks
and it shall include homeowners insurance
.
22

"Director" means the Director of Insurance.

23

(2)
"Homeowners
insurance

Insurance
" means the personal
24
multi-peril property coverages commonly known as
homeowners
25
insurance

Homeowners Insurance
.

SB2910 Enrolled
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LRB104 17746 BAB 31177 b
1

"Inspector"

(3) "Inspection Bureau(s)"
means
the division
2
or department of the Association responsible for, or an

the

3
organization or organizations designated by the
Association

4
Industry Placement Facility with the approval of the Director

5
to make
on the Association's behalf,
inspections to determine
6
the condition of the properties for which
basic property
7
insurance

basic property insurance
is sought and to perform
8
such other duties as may be authorized by the
Association.

9
Industry Placement Facility;
10

(4) "Industry Placement Facility" or "Facility" means the
11
organization formed by insurers licensed to write and engaged
12
in writing basic property insurance (including multi-peril
13
policies) within the State of Illinois to assist applicants in
14
urban areas in securing basic property insurance and to
15
formulate and administer a program for the equitable
16
apportionment among such insurers of such basic property
17
insurance.
18

(5) "Urban Area" means any community having a blighted,
19
deteriorated or deteriorating area which the Facility has
20
designated with the approval of the Director, or which the
21
Secretary of the U.S. Department of Housing and Urban
22
Development has approved for an urban renewal project after a
23
local public agency has been formed in the community to avail
24
itself of a U.S. Housing and Urban Renewal Program, or which
25
the Director of Insurance has designated.
26

(6)
"Premiums
written

Written
" means the gross direct

SB2910 Enrolled
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LRB104 17746 BAB 31177 b
1
premiums charged with respect to property in this State on all
2
policies of basic property insurance and the basic property
3
insurance premium components of all multi-peril policies less
4
return premiums, dividends paid or credited to policyholders,
5
or the unused or unabsorbed portions of premium deposits.
6
(Source: P.A. 80-1365.)

7

(215 ILCS 5/524)

(from Ch. 73, par. 1065.71)
8

Sec. 524.
Association application procedure

FAIR Plan
9
Procedure
.

10

(1) Any person having an insurable interest in
a
11
one-family to 4-family residential
real
or tangible personal

12
property at a fixed location in
this State or nonresidential
13
real property at a fixed location in this State

an urban area

14
who, after diligent effort
,
has been unable to obtain basic
15
property insurance
in the standard insurance market
, as
16
evidenced by
the person's written representation to the
17
Association of at least
3
unsuccessful
attempts to procure
18
such insurance, is entitled
,
upon application to the
19
Association,

Facility
to an
inspection and
evaluation of the
20
property by representatives of the
Inspector

Inspection
21
Bureau
.
22

(2) Any person who is an owner-resident of a
one-family to
23
4-family residential real property

one to four family dwelling
24
unit
at a fixed location in
this State

an urban area
and whose
25
basic property insurance

residential real property insurance

SB2910 Enrolled
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LRB104 17746 BAB 31177 b
1
coverage
has been nonrenewed through the
standard

voluntary

2
insurance market shall be entitled
, upon

to submit a binding

3
application
to the Association, to an evaluation of the
4
property by representatives of the Inspector

of coverage to
5
the Facility for such period of time as is required by the
6
Facility to conduct a reasonable inspection of the residential
7
real property
.
8

(2.5) Promptly after the Association receives a properly
9
completed application for coverage, an evaluation in
10
accordance with the Association's then-existing underwriting
11
standards must be made by the Inspector and an evaluation
12
report must be filed with the Association. A copy of the
13
completed evaluation report must be made available to the
14
applicant upon written request. On and after the effective
15
date of this amendatory Act of the 104th General Assembly, all
16
properly completed applications must be submitted to the
17
Association by an Illinois-licensed agent registered with the
18
Association. The Association's governing committee shall
19
determine the commission rate for licensed insurance producers
20
and the method of payment for the commissions.

21

(3) The manner and scope of the inspection and evaluation
22
report for
a

nonresidential
property shall be
consistent with
23
reasonable underwriting standards

prescribed by the Facility
24
with the approval of the Director
. The inspection must
25
include, but need not be limited to, pertinent structural and
26
occupancy features as well as the general condition of the

SB2910 Enrolled
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LRB104 17746 BAB 31177 b
1
building and surrounding structures.
Representative
2
photographs or videos

A representative photograph
of the
3
property may be taken as part of the inspection.
4

(4)
(Blank).

Promptly after the request for inspection is
5
received an inspection must be made and an inspection report
6
filed with the company or companies designated by the
7
Facility. A copy of the completed inspection and evaluation
8
report must be sent to the Facility and made available to the
9
applicant and to insurers in the voluntary insurance market
10
upon request.
11

(5) If the
Association

Inspection Bureau
finds that the
12
residential
property meets the
Association's

reasonable

13
underwriting standards
established under Section 525
, the
14
applicant shall be so informed in writing. If the
residential

15
property does not meet the
Association's underwriting
16
standards

criteria
, the applicant shall be informed, in
17
writing, of the reasons for the failure of the
residential

18
property to meet the
underwriting standards

criteria
.
19

(6) If, at any time, the applicant makes improvements in
20
the
residential
property or its condition
that the applicant

21
which he or she
believes are sufficient to make the
22
residential
property meet the
Association's underwriting
23
standards

criteria
,
a representative of
the
Inspector

24
Inspection Bureau
shall
reevaluate

reinspect
the
residential

25
property upon request. In any case, the applicant for
26
residential property insurance shall be eligible for one

SB2910 Enrolled
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LRB104 17746 BAB 31177 b
1
reevaluation

reinspection
any time beginning 60 days after
the

2
his or her
initial
evaluation

Fair plan inspection
. If
,
upon
3
reevaluation,

reinspection
the
residential
property meets the
4
reasonable underwriting standards established
by the
5
Association

under Section 525
, the applicant shall be so
6
informed in writing.
7
(Source: P.A. 81-1430.)

8

(215 ILCS 5/524.5 new)
9

Sec. 524.5.
Participation in and management of the
10
Association.

11

(a) All admitted insurers engaged in writing in this
12
State, on a direct basis, basic property insurance or any
13
basic property insurance component in multi-peril policies,
14
excluding farm mutual companies, shall be members of the
15
Association.
16

(b) The Association shall be managed by a governing
17
committee of 11 persons, all serving 3-year terms, staggered
18
as provided in the Association's articles of association and
19
plan of operation. Six governing committee members shall be
20
insurers elected in a manner provided in the Association's
21
articles of association and plan of operation. Four governing
22
committee members shall be public members who are not
23
employees of, or otherwise affiliated with, the insurance
24
industry and are appointed by the Director to represent the
25
interest of insurance consumers. One governing committee

SB2910 Enrolled
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LRB104 17746 BAB 31177 b
1
member shall be an Illinois-licensed insurance producer
2
appointed by the Director.
3

(c) The governing committee shall, subject to the approval
4
of the Director, adopt and maintain articles of association
5
and a plan of operation for the Association.
6

(d) Voting on administrative questions of the Association
7
shall be weighted in accordance with each insurer's premium
8
written during the second preceding calendar year, as
9
disclosed in the reports filed by the insurer with the
10
Director.
11

(e) The Association may, on its own initiative or at the
12
request of the Director, amend its articles of association and
13
plan of operation, subject to approval by the Director.

14

(215 ILCS 5/525.1)

(from Ch. 73, par. 1065.72-1)
15

Sec. 525.1.
Association operations authorized

Centralized
16
Operations Authorized
.
)

17

(1) The
Association

Industry Placement Facility
is
18
authorized
, for FAIR Plan purposes only,
to issue policies of
19
basic property insurance on real and tangible property within
20
this State

insurance and endorsements thereto
in its own name
21
or a trade name duly adopted for that purpose, and to
take
22
other actions

act on behalf of all participating insurers in
23
connection with said policies and otherwise in any manner

24
necessary to accomplish the purposes of this Article,
25
including
,
but not limited to
, establishing rules and

SB2910 Enrolled
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LRB104 17746 BAB 31177 b
1
procedures for insurance applications; underwriting standards;
2
inspection standards; determining insurability of risks; rate
3
plans; maximum limits of liability; use of deductibles;
4
commissions payable to the licensed insurance producers;

5
collection of premiums
;

,

nonrenewals;
issuance of
6
cancellations
;

,
and payment of
commissions,
losses, judgments
,

7
and expenses.
8

(2)
The participating insurers shall be liable to the
9
Facility as provided in this Article, the Program and any
10
related Articles of Agreement for the expenses and liabilities
11
so incurred by the Facility, and the Governing Committee shall
12
make assessments against the participating insurers as
13
required to meet such expenses and liabilities.
In connection
14
with any policy issued by the
Association

Facility
:
(a) the
15
name and percentage participation of each participating
16
insurer shall be made available to the insured upon request to
17
the Facility; (b)

(A)
service of any notice, proof of loss,
18
legal process
,
or other communication with respect to the
19
policy may and shall be made upon the
Association

Facility
;
20
and
(B)

(c)
any action by the insured constituting a claim
21
under the policy shall be brought only against the
Association

22
Facility
, and the
Association

Facility
shall be the proper
23
party for all purposes in any action brought under or in
24
connection with any such policy. The foregoing requirements
25
shall be set forth in any policy issued by the
Association

26
Facility and the form and content of any such policy shall be

SB2910 Enrolled
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LRB104 17746 BAB 31177 b
1
subject to the approval of the Director of Insurance
.
2

(3) The
Association

Facility
is authorized to
assume and

3
cede reinsurance
in conformity with the Program
.
4

(4)
The Association may outsource some or all of its
5
underwriting, claims, accounting, human resources, employee
6
benefits, information technology, and other operations to
7
third-party vendors, insurance industry support organizations,
8
or FAIR Plan associations of other states.

(a) Each insurer
9
must participate in the writings, expenses, profits and losses
10
of the Facility in the proportion that its premiums written,
11
with respect to each fund, bear to the aggregate premiums
12
written by all insurers, with respect to each said fund,
13
excluding that portion of the premiums written attributable to
14
the operation of the Facility except as otherwise provided in
15
this Section.
16

(b) The Director of Insurance shall by rule establish
17
procedures for determining the net level of participation
18
required of each insurer, which shall include the following
19
elements:
20

(i) The designation of one or more contiguous ZIP CODE
21
areas within this State wherein the insurers writing new
22
policies upon risks which they do not insure prior to the
23
effective date of this amendatory Act may receive credit
24
against their obligation for FAIR Plan risks;
25

(ii) The minimum level of participation required of all
26
insurers regardless of the amount of credit allowed but which

SB2910 Enrolled
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LRB104 17746 BAB 31177 b
1
in no case shall be less than 50% of that level of
2
participation that would be required as defined in paragraph
3
(a) above;
4

(iii) A designation of the type of risks for which credit
5
may be allowed, provided that credit shall not apply to
6
commercial risks where the annual premium for the policy
7
exceeds $2,000 for each fixed location;
8

(iv) The maximum level of participation required of all
9
insurers regardless of the amount of credit allowed.
10

(c) The procedures for determining levels of participation
11
and all designations, formulas, minima and maxima required by
12
this Section shall be reasonably designed to effect the intent
13
of this Article without exempting any insurer from the
14
participation requirement.
15

(5)
As determined by the Association's governing committee
16
and approved by the Director, the Association shall maintain a
17
Credit Depopulation Program that incentivizes members to
18
return Association policies to the standard insurance market.

19
Voting on administrative questions of the Facility shall be
20
weighted in accordance with each insurers' premium written
21
during the second preceding calendar year as disclosed in the
22
reports filed by the insurer with the Director.
23

(6)
Blank.

The Facility may on its own initiative or at the
24
request of the Director, amend its rules or Program, subject
25
to approval by the Director.
26
(Source: P.A. 81-1426.)

SB2910 Enrolled
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LRB104 17746 BAB 31177 b
1

(215 ILCS 5/525.3)

(from Ch. 73, par. 1065.72-3)
2

Sec. 525.3.
Approval of
rates

Rates
.
The Association

In
3
the event that the Industry Placement Facility proposes to
4
issue policies of insurance or endorsements thereto pursuant
5
to subsection (1) of Section 525.1, the Facility
shall file
6
for approval with the Director the proposed rates and
7
supplemental rate information to be used in connection with
8
the issuance of
such
policies or endorsements. Within 60 days
9
after

of
the filing of the proposed rates, the Director shall
10
enter an order either approving or disapproving, in whole or
11
in part, the rate plan filed. The Director may, upon notice to
12
the
Association

Industry Placement Facility
, extend the period
13
for entering an order under this Section an additional 30
14
days. No such policies or endorsements shall be issued until
15
such time as the Director approves the rates to be applied to
16
the policy or endorsement. An order disapproving a rate shall
17
state the grounds for the disapproval and the findings in
18
support thereof.
19
(Source: P.A. 81-1426.)

20

(215 ILCS 5/527)

(from Ch. 73, par. 1065.74)
21

Sec. 527.
Right to appeal.

22

(1) Any applicant
whose application is rejected, any
23
policyholder whose policy is canceled or nonrenewed by the
24
Association, and any insurer affected by an action of the

SB2910 Enrolled
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LRB104 17746 BAB 31177 b
1
Association

or affected insurer
has the right of appeal to the
2
governing committee within 30 days after notice of the action
3
by the Association

Governing Committee
. A decision of the
4
Association's governing committee

Committee
may be appealed to
5
the Director within 30 days after such decision.
6

(2) All orders or decisions of the Director made pursuant
7
to this Article are subject to judicial review in accordance
8
with the Administrative Review Law.
9
(Source: P.A. 82-783.)

10

(215 ILCS 5/528)

(from Ch. 73, par. 1065.75)
11

Sec. 528.
Evaluation

Inspection
reports.
There is no
12
liability on the part of, and no cause of action against
,

13
insurers,
the
Inspector

Inspection Bureau
,
the Facility,
the
14
Association, the
Association's governing committee

Governing
15
Committee
, their agents or employees, or the Director or
the
16
Director's

his
authorized representatives, with respect to any
17
inspections
or evaluations

required to be
undertaken by this
18
Article or for any acts or omissions in connection therewith,
19
or for any statements made in any report and communication
20
concerning the insurability of the property,
or in the
21
findings required by the provisions of this Article,
or at the
22
hearings
or appeals
conducted in connection with such
23
evaluations

inspections
. The reports
, records,
and
24
communications of the
Inspector

Inspection Bureau
,
the
25
Facility,
the Association, and
the records of
the

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Association's governing committee

Governing Committee
are not
2
considered public documents.
3
(Source: Laws 1968, p. 15.)

4

(215 ILCS 5/529.2)

(from Ch. 73, par. 1065.76-2)
5

Sec. 529.2.
Making of assessments.
6

(a) The participating insurers in the Association shall be
7
liable to the Association as provided in this Article, and the
8
Association's articles of association and plan of operation,
9
for the expenses and liabilities of the Association. If the
10
Association generates a loss in a financial year, the
11
Association may assess the loss to its then-members pursuant
12
to this Article, and the members shall pay to the Association
13
their assessed amounts within 30 days after the assessment. If
14
the Association generates a profit in a financial year, it may
15
distribute the profit to its then-members pursuant to this
16
Article, or it may retain the profit to offset past or future
17
losses.
18

(b) If there is an assessment or refund, the amount of each
19
member's assessment or refund shall be calculated by
20
multiplying the amount of the assessment or refund by a
21
fraction, the numerator of which is the member's direct
22
property insurance premiums earned in this State and the
23
denominator of which is the aggregate of such premiums for all
24
Association members for that year, and then adjusting the
25
assessment or refund pursuant to the then-existing Credit

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Depopulation Program.
2

(c) If any member fails to pay an assessment, by reason of
3
insolvency, the Association shall redistribute that insolvent
4
member's assessment amount among the remaining Association
5
members.

6
Whenever the Secretary shall, in accordance with the Act,
7
present to the State a request for reimbursement under the
8
Act, the Fund shall immediately assess all companies which,
9
during the calendar year with respect to which reimbursement
10
is requested by the Secretary, are engaged in writing property
11
insurance in this State. The amount of each such company's
12
assessment shall be calculated by multiplying the amount of
13
the reimbursement requested by the Secretary by a fraction the
14
numerator of which is the company's direct property insurance
15
premiums earned in this State and the denominator of which is
16
the aggregate of such premiums for all companies. Within 30
17
days following the end of each full calendar quarter, each
18
company shall pay to the Fund an amount equal to one-twelfth of
19
the company's assessment.
20
(Source: P.A. 76-714
.)

21

(215 ILCS 5/529.5)

(from Ch. 73, par. 1065.76-5)
22

Sec. 529.5.
Association's annual report.

The
Association

23
Industry Placement Facility
shall compile an annual operating
24
report, and publish such report
on its website, or by other
25
means approved by the Director

in at least 2 newspapers having

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widespread circulation in the State
, which report shall
2
include:
3

(1) a description of the origin and purpose of the
4
Association

Illinois Fair Plan
and its relationship to the
5
property and casualty insurance industry in Illinois;
6

(2) a financial statement specifying the amount of profit
7
or loss incurred by the Facility for its financial year; and
8

(3) a disclosure as to the amount of subsidization per
9
type of policy written by the
Association

Facility
, which is
10
provided by the property and casualty insurance companies
11
operating in Illinois, if any.
12

This annual report shall be a matter of public record to be
13
made available to any person requesting a copy from the
14
Facility at a fee not to exceed $10 per copy. A copy shall be
15
available for inspection at the Department of Insurance.
16

The Association shall pay any Fire Marshal tax and is not
17
required to file an annual statement.

18
(Source: P.A. 93-32, eff. 7-1-03.)

19

(215 ILCS 5/530)

(from Ch. 73, par. 1065.77)
20

Sec. 530.
Powers of the Director.
)

In addition to any
21
powers conferred upon
the Director

him
by this or any other
22
law, the Director is charged with the authority to
regulate

23
supervise
the
Inspector

Inspection Bureau
, the Facility
and
24
the Association. In addition
,
the Director or any person
25
designated by
the Director

him
has the power:

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(1) to examine the operation of the
Facility and

2
Association through free access to all the books, records,
3
files, papers
,
and documents relating to
the Association's

4
their
operation and may summon, qualify
,
and examine as
5
witnesses all persons having knowledge of such operations
6
including officers, agents
,
or employees thereof;
7

(2)
(blank);

to do all things necessary to enable the
8
State of Illinois and any insurer participating in any Program
9
approved by the Director to fully participate in any federal
10
program of reinsurance which may be enacted for purposes
11
similar to the purposes of this Article;
12

(3) to require such reports from insurers concerning risks
13
insured under any Program approved pursuant to this Article as
14
the Director

he
may deem necessary;
15

(4) to approve a homeowners policy
form or homeowners
16
policy forms

form(s)
for the
Association

Industry Placement
17
Program
.
18

(5) To require the
Association

Insurance Placement Program

19
to develop marketing programs which will deter urban redlining
20
and other unfairly discriminatory geographic underwriting
21
programs by making readily available
basic property insurance

22
basic property insurance
.
23

(6) to permit modification of the Standard Fire Policy
24
issued by the
Association

facility
for
non-owner occupied

non
25
owner-occupied
residences exceeding
4

four
units,
as long as

26
after the director has conducted a public hearing which

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1
establishes that
such modifications:
2

(A)

1)
will provide for equitable settlements of loss;
3

(B)

2)
will discourage arson for profit; and
4

(C)

3)
will encourage neighborhood revitalization,
5

while maintaining the interests of the insured and the
6

Association

facility
.
The Director shall confer with the
7

facility to establish criteria by which it can be
8

determined whether such modification of the Standard Fire
9

Policy is accomplishing its objectives. The Director shall
10

conduct, within two years of any modification of the
11

Standard Fire Policy, a public hearing to determine
12

whether such modification has accomplished the three
13

preceding objectives. In the event that such public
14

hearing does not establish that such objectives are being
15

accomplished, then the Director shall rescind the
16

modification of the Standard Fire Policy, or further
17

modify such policy to accomplish the objectives.
18
(Source: P.A. 82-499.)

19

(215 ILCS 5/525 rep.)
20

(215 ILCS 5/525.2 rep.)
21

(215 ILCS 5/525.4 rep.)
22

(215 ILCS 5/529 rep.)
23

(215 ILCS 5/529.1 rep.)
24

(215 ILCS 5/529.3 rep.)
25

(215 ILCS 5/530a rep.)

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Section 10.
The Illinois Insurance Code is amended by
2
repealing Sections 525, 525.2, 525.4, 529, 529.1, 529.3, and
3
530a.

4

Section 99.
Effective date.
This Act takes effect January
5
1, 2027.

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INDEX

2

Statutes amended in order of appearance

3

215 ILCS 5/Art. XXXIII
4

heading
5

215 ILCS 5/143.22
from Ch. 73, par. 755.22
6

215 ILCS 5/522
from Ch. 73, par. 1065.69
7

215 ILCS 5/523
from Ch. 73, par. 1065.70
8

215 ILCS 5/524
from Ch. 73, par. 1065.71
9

215 ILCS 5/524.5 new
10

215 ILCS 5/525.1
from Ch. 73, par. 1065.72-1
11

215 ILCS 5/525.3
from Ch. 73, par. 1065.72-3
12

215 ILCS 5/527
from Ch. 73, par. 1065.74
13

215 ILCS 5/528
from Ch. 73, par. 1065.75
14

215 ILCS 5/529.2
from Ch. 73, par. 1065.76-2
15

215 ILCS 5/529.4
from Ch. 73, par. 1065.76-4
16

215 ILCS 5/529.5
from Ch. 73, par. 1065.76-5
17

215 ILCS 5/530
from Ch. 73, par. 1065.77
18

215 ILCS 5/525 rep.
19

215 ILCS 5/525.2 rep.
20

215 ILCS 5/525.4 rep.
21

215 ILCS 5/529 rep.
22

215 ILCS 5/529.1 rep.
23

215 ILCS 5/529.3 rep.
24

215 ILCS 5/530a rep.

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