Sec. 143.10b. Loss information, private passenger automobile.
165 words·~1 min read·
/il/chapter-215/act-5/143-10bA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 143.10b. Loss information, private passenger automobile.
(1)All companies issuing a "policy of automobile insurance" as defined in paragraph
(a)of Section 143.13 of this Code shall, on or after January 1, 1990, provide the following loss information for the 5 previous policy years to the named insured within 30 days of the insured's written request:
(a)on closed claims, date and description of occurrence, and total amount of payments;
(b)on open claims, date and description of occurrence and total amount of payments;
(c)for any occurrence not included in
(a)or
(b)of this subsection, the date and
description of occurrence.
(2)If a company fails to provide the information as required by this Section with such frequency so as to indicate a practice of refusing to provide such information, such failure shall constitute an unfair trade practice as defined in Section 424 and subject to those hearing and penalty provisions as set forth in Sections 425 through 434 of this Code.