Life, Accident & Health Insurers and Fraternal:
Property & Casualty:
Pursuant to Section 155.19 of the Insurance Code (215 ILCS 5/155.19), insurers authorized or permitted by law to provide medical liability insurance in this State shall report to the Department of Insurance all Illinois medical professional liability claims and suits. The regulation(50 Ill. Adm. Code 928) provides further details on procedures for reporting claims, which are to be submitted via this web application provided by the Department.
Please contact DOI Med Mal with any questions regarding the medical professional liability claims reporting requirements.
Policy In-Force (PIF) Data Call: Discontinued
The PIF data call has been discontinued. The Department realizes this is a time-consuming effort for companies and most of the information collected is already available in a similar form via the NAIC Annual Statement.
The PIF web portal will not be opened in March, 2019. Companies do not need to provide their 2018 data.
If you have any questions, please feel free to contact us at DOI.InnovMktAnalysis@Illinois.gov
Currently registered administrators are required to complete the initial application and submit the $500.00 renewal fee. Licensed Illinois insurance companies with separate PPA and WC-PPP license renewals are not subject to associated renewal fees, but are still required to fill out the appropriate registration forms.
The 2019 Privilege and Retaliatory tax forms are delayed pending the adoption of revisions to the Department’s Administrative Code rule on income tax offset allocation. The proposed revision would alter the allocation method currently based on direct written premium to a measure of net income. The change is needed due to the Illinois Department of Revenue requiring a consolidated business income tax return to be filed for insurance and non-insurance entities. Non-unitary entities would be completely unaffected by this change.
The Department apologizes for the delay and looks forward to placing the 2019 Privilege and Retaliatory returns online once the proposed rulemaking has been adopted.
Effective July 1, 2004:
For every company subject to 215 ILCS 5/416 (a) of the Illinois Insurance Code (215 ILCS 5/416), the Industrial Commission Operations Fund Surcharge is amended by Public Act 093-0840 to 1.01% of its direct written premium for insuring employers' liabilities arising under the Workers' Compensation Act or Workers' Occupational Diseases Act as reported in each company's annual statement filed for the previous year as required by Section 136.