Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE50. INSURANCE |
PART2902. WORKERS' COMPENSATION RATE AND MANUAL FILING |
§2902.40. Rule Manual Filings
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a) Manual filing requirements can be met either by a company making a direct filing on its own behalf or a company authorizing a rating organization of which it is a member or subscriber to make the filing on the company's behalf.
1) A company that adopts a rule or rule change filed by its rating organization without modification must notify the Department 30 days prior to the effective date of use.
2) A company that adopts a rule or rule change filed by its rating organization with modification or submits a direct filing on its own behalf must file:
A) Manual exception pages;
B) The manual rule number, which must be the same as the rule number being replaced; and
C) The effective date of use.
3) A company shall submit a complete up-to-date manual upon request. The company shall also identify the tracking number of a particular section of the manual upon request.
b) All manual filings must include:
1) The name of the rating organization or company making the filing;
2) Identification of the rule with the manual to which it applies;
3) Notification as to whether the filing is new or supersedes a present filing. Identification of all superseded filings as well as identification of all changes from the superseded filings is required; and
4) The effective date of use.
c) Companies under the same ownership or general management may submit multiple company filings under the same SERFF tracking number.
(Source: Amended at 46 Ill. Reg. 6583, effective April 11, 2022)