Urban Property Insurance / (from 1-1-2027) Availability of Property Insurance, the Illinois FAIR Plan
215 ILCS 5, Article XXXIII, Secs. 522 through 530a, 19 sections
Edition and licensing notes
Publisher. Illinois General Assembly, Legislative Reference Bureau (ilga.gov)
Edition. Illinois Compiled Statutes as published by the Legislative Reference Bureau. The publisher's own currency statement on the full-text page reads: "Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Recent laws may not yet be included in the ILCS database, but they are found on this site as Public Acts soon after they become law... Because the statute database is maintained primarily for legislative drafting purposes, statutory changes are sometimes included in the statute database before they take effect. If the source note at the end of a Section of the statutes includes a Public Act that has not yet taken effect, the version of the law that is currently in effect may have already been removed from the database." Retrieved 2026-09-17.
Status. Illinois Compiled Statutes, public domain (Illinois General Assembly).
What this document is
215 ILCS 5, Article XXXIII - Urban Property Insurance / (from 1-1-2027) Availability of Property Insurance, the Illinois FAIR Plan (Secs. 522 through 530a, 19 sections) is a state statute published by Illinois General Assembly, Legislative Reference Bureau (ilga.gov). It is one of the Illinois documents that insurance license exam questions are written from, including illinois property & casualty, illinois personal lines 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.
- 215 ILCS 5/525(4) (Industry Placement Program)
“Each insurer, as a condition of its authority to transact such kinds of insurance in this State, must participate in the Industry Placement Program in accordance with this Article and such a plan of operation as may be established by a Governing Committee of 6 insurers elected annually in a manner...”
- 215 ILCS 5/528 (Inspection reports) (Text of Section before amendment by P.A. 104-645; currently in force)
“There is no liability on the part of, and no cause of action against insurers, the Inspection Bureau, the Facility, the Association, the Governing Committee, their agents or employees, or the Director or his authorized representatives, with respect to any inspections required to be undertaken by...”
- 215 ILCS 5/527 (Right to appeal) (Text of Section before amendment by P.A. 104-645; currently in force)
“Right to appeal. (1) Any applicant or affected insurer has the right of appeal to the Governing Committee. A decision of the Committee may be appealed to the Director within 30 days after such decision.”
- 215 ILCS 5/525.1(2) (Centralized Operations Authorized) (Text of Section before amendment by P.A. 104-645)
“In connection with any policy issued by the Facility: (a) the name and percentage participation of each participating insurer shall be made available to the insured upon request to the Facility; (b) service of any notice, proof of loss, legal process or other communication with respect to the...”
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