Assigned Risk Procedures, workers' compensation
50 Ill. Adm. Code Part 2904, complete Part: Secs. 2904.10 through 2904.240, 24 sections
Edition and licensing notes
Publisher. Illinois Joint Committee on Administrative Rules (JCAR), ilga.gov
Edition. Illinois Administrative Code, Title 50, as published by the Joint Committee on Administrative Rules (JCAR) on ilga.gov. JCAR prints each Part's amendment history as a SOURCE note on the Part's section index; the history for this Part was read at retrieval and is quoted in this note.
Status. Illinois Administrative Code, public domain (Joint Committee on Administrative Rules, Illinois General Assembly).
What this document is
50 Ill. Adm. Code Part 2904 - Assigned Risk Procedures, workers' compensation (complete Part: Secs. 2904.10 through 2904.240, 24 sections) is a regulation published by Illinois Joint Committee on Administrative Rules (JCAR), ilga.gov. It is one of the Illinois documents that insurance license exam questions are written from, including illinois property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.
Sections cited in practice questions
Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.
- 50 Ill. Adm. Code 2904.130(a) (Renewal of Policies Issued Under this Part)
“The assigned carrier shall, 60 days prior to the expiration of the policy, submit to the employer and producer a notice of premium for renewal of the policy. If the renewal premium is not received by the assigned carrier 30 days prior to the expiration of the policy, the assigned carrier shall...”
- 50 Ill. Adm. Code 2904.100 (Installment Payment of Premium)
“Policies with an estimated premium of $1,000 or less shall be paid in full. Payment of the estimated annual premium is required in accordance with the filed and approved Plan. An installment payment plan may be requested by the employer and will be made available only in accordance with the filed...”
- 50 Ill. Adm. Code 2904.60(a) (Procedure for the Assignment of an Employer)
“Within 60 days prior to application the employer must have requested and been rejected for standard coverage by two nonaffiliated insurance carriers that are licensed to write and are actively writing workers' compensation insurance within the State, one of which shall have been the carrier, if...”
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