Ill. Admin. Code tit. 50, § 916.50
Certificate of Compliance
Effective Dec 3, 201539 Ill. Reg. 16152AUTHORITY: Implementing Section 143 of the Illinois Insurance Code [215 ILCS 5/143], Section 10 of the Voluntary Health Services Plans Act [215 ILCS 165/10], Section 25 of the Dental Service Plan Act [215 ILCS 110/25], Section 75 of the Dental Care Patient Protection Act [215 ILCS 109/75], Section 4003 of the Limited Health Service Organization Act [215 ILCS 130/4003], Section 5-3 of the Health Maintenance Organization Act [215 ILCS 125/5-3] and the Electronic Commerce Security Act [5 ILCS 175], and authorized by Section 401 of the Illinois Insurance Code [215 ILCS 5/401].DEPARTMENT OF INSURANCE
- a) Each filing shall contain a Certificate of Compliance that the filing complies with all applicable Illinois statutes. The Certificate of Compliance must carry a readable, authentic and visible signature of an officer of the company.
- b) The Certificate of Compliance shall be signed by an officer of the company, identified by title, who has the authority to obligate the company by his or her signature. In this manner, the company shall agree and consent to the discontinuance of future use of any approved policy form. Discontinuance is effective 30 days from the date of mailing an order of withdrawal issued by the Director pursuant to Section 143(1) of the Illinois Insurance Code. The order shall set forth the reasons why the previously approved policy form is violative of or contrary to the Illinois Insurance Code or all provisions of 50 Ill. Adm. Code applicable to policy forms. Each company shall have the right to request a hearing within that 30 day period. The request shall be made in writing to the Director. The order of withdrawal shall be stayed and the company shall be given a hearing under Sections 143(1), 401(c), 401.1, 402(2), 426 and 429 of the Illinois Insurance Code and 50 Ill. Adm. Code 2402, as may be applicable, to determine:
- 1) whether the policy form shall be disapproved; and
- 2) whether further orders of the Director may be appropriate.
(Source: Amended at 39 Ill. Reg. 16152, effective December 3, 2015)