50 Ill. Adm. Code 2701.ILLUSTRATION
A Written Warning to Insureds
Section 2701
Section 2701.ILLUSTRATION A
Written Warning to Insureds
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,