50 Ill. Adm. Code 2201.30
Loss and Loss Expense Reserves
Section 2201
Section 2201.30 Loss and
Loss Expense Reserves
The company shall keep a
complete and itemized record showing all losses and claims on which it has
received notice, including all notices received by it of the occurrence of any
event which may result in a loss. Such record shall be opened in chronological
receipt order, with each notice of loss or claim identified by appropriate
number or coding.