Ill. Admin. Code tit. 50 § 1052.40
Current through Register Vol. 49, No. 2, January 10, 2025
In determining whether or not the benefits in any policy form submitted by an insurer for approval are "reasonable" in relation to the premium, an ultimate loss ratio of fifty percent (50%) will be deemed to provide benefits reasonable in relation to the premium.
Ill. Admin. Code tit. 50, § 1052.40