Ill. Admin. Code tit. 50, § 2701.ILLUSTRATION A
| TO: | |
| RE: | (Name of Unauthorized Insurer) |
| (Type of Coverage) |
In accordance with Section 445 of the Illinois Insurance Code, I hereby provide you with a written WARNING that the above-captioned unauthorized insurer with which I propose to place the captioned coverage does not, or I am unable to verify that it does (checked as applicable):
| Have a policyholder surplus of $15,000,000 or more; | ||
| Meet minimal standards of solvency and management that are adequate for your protection. | ||
| Sincerely, | ||
(Source: Amended at 40 Ill. Reg. 216, effective December 21, 2015)