IL Company Bulletin 2018-04

All Employee Leasing Companies in Illinois : Use of independent assurance organizations to satisfy registration requirements under Section 20 of the Employee Leasing Company Act (215 ILCS 113/20)

Year: 2018Length: 185 wordsOfficial source
[LOGO] Illinois Department of Insurance BRUCE RAUNER Governor JENNIFER HAMMER Director TO: All Employee Leasing Companies in Illinois FROM: Jennifer Hammer, Director of Insurance DATE: May 2, 2018 RE: Company Bulletin No. 2018-04 Use of independent assurance organizations to satisfy registration requirements under Section 20 of the Employee Leasing Company Act (215 ILCS 113/20) ### Registration via an Independent Assurance Organization An employee leasing company, as described under the Employee Leasing Company Act (215 ILCS 113/1 et seq.), may use the services of an independent assurance organization as approved by the Director, such as the Employer Services Assurance Corporation, to register with the Department. Whether an employee leasing company authorizes an approved assurance organization to submit registration information to the Department on its behalf is entirely optional. Companies choosing not to use an assurance organization must continue to register using the Department's Employee Leasing Company Registration ELC-1 form. Any company that elects to use an assurance organization to register with the Department is still responsible for complying with the Act and any relevant administrative rules. 320 W Washington St. Springfield, IL 62767 (217) 782-4515 http://insurance.illinois.gov
IL Company Bulletin 2018-04: All Employee Leasing Companies in Illinois : Use of independent assurance organizations to satisfy registration requirements under Section 20 of the Employee Leasing Company Act (215 ILCS 113/20) | Justis AI