This Part is promulgated by the Director of the Department of Insurance under Section 401 of the Illinois Insurance Code [215 ILCS 5/401] that empowers the Director to make reasonable rules and regulations as may be necessary for making effective the insurance laws of this State. This Part implements Section 155.18 of the Illinois Insurance Code [215 ILCS 5/155.18].

(Source: Amended at 39 Ill. Reg. 392, effective December 19, 2014)