il-v50i40-50-ill-adm-code-2301: 50 Ill. Adm. Code 2301 — Standard Fire Policy

1) Heading of the Part: Standard Fire Policy 2) Code Citation: 50 Ill. Adm. Code 2301 3) Section Numbers: Proposed Actions: 2301.30 Amendment 2301.110 Amendment 4) Statutory Authority: Implementing Section 397 and authorized by Section 401 of the Illinois Insurance Code [215 ILCS 5/397 and 401]. 5) A Complete Description of the Subjects and Issues Involved: This rulemaking is filed pursuant to Section 5-15 of the Illinois Administrative Procedure Act and is only changing the address of the Department's Springfield Office to reflect the fact that the office is moving on September 23, 2026. Section 5-15 of the Illinois Administrative Procedure Act requires agencies to include a statement of how the proposed rule made under this Section satisfies the criteria established by subsections (a) and (b). The Department's address is used by the public to obtain information from the Department and/or make submissions or requests of the Department. These members of the public may include insurance companies, persons licensed by the Department, and Illinois insurance consumers. The address provided in the rules should be accurate, otherwise such persons may go to or send correspondence to the wrong address. The decision to relocate the Springfield office was an internal management decision. The private rights of individuals are not affected by Department rules containing the accurate address, although having the incorrect address in rule will cause unnecessary confusion and delay for people seeking information from and/or making submissions to the Department in person or via mail. It is in the public interest to have the Department's office address published in the Illinois Administrative Code be correct. 6) Published studies or reports, and sources of underlying data, used to compose this rulemaking: Not required for Section 5-15 notices. 7) Will this proposed rulemaking replace an emergency rule currently in effect? Not required for Section 5-15 notices. 8) Does this rulemaking contain an automatic repeal date? Not required for Section 5-15 notices. 9) Do these proposed amendments contain incorporations by reference? Not required for Section 5-15 notices. 10) Are there any other proposed rulemakings pending on this Part? No 11) Statement of Statewide Policy Objectives: Not required for Section 5-15 notices. 12) Time, Place, and Manner in which interested persons may comment on this proposed rulemaking: Persons who wish to comment on this proposed rulemaking may submit written comments no later than 14 days after the publication of this Notice to: Kathryn Williams Department of Insurance 115 S. LaSalle Street, 13 Floor Chicago IL 60603 (312) 814-8212 Kathryn.A.Williams@illinois.gov 13) Initial Regulatory Flexibility Analysis: Not required for Section 5-15 notices. A) Description of the type of small business, not for profit corporations or small municipalities subject to the proposed amendment: None B) Description of the proposed reporting, bookkeeping and other procedures required for compliance with the amendments: None C) Description of the types of professional skills necessary for compliance: None 14) Small Business Economic Impact Analysis: Not required for Section 5-15 notices. 15) Regulatory Agenda on which this rulemaking was summarized: Not required for Section 5-15 notices. 16) Any other information or justification for the proposed rule or amendment that the agency believes would be helpful to the public regarding the proposed rule or amendment. For example, a discussion or analysis of the benefits of the proposed rule or DEPARTMENT OF INSURANCE NOTICE OF PROPOSED AMENDMENTS amendment is projected to have on the Illinois public, consumers, investors or other similar groups. Not required for Section 5-15 notices. The full text of the Proposed Amendments begins on the next page: DEPARTMENT OF INSURANCE NOTICE OF PROPOSED AMENDMENTS TITLE 50: INSURANCE CHAPTER I: DEPARTMENT OF INSURANCE SUBCHAPTER cc: FIRE AND MARINE INSURANCE PART 2301 STANDARD FIRE POLICY Section 2301.10 Authority 2301.20 Scope 2301.30 Form 2301.40 Information To Be Printed on Policy 2301.50 Contingent Liability of Members or Subscribers 2301.60 Contracts or Endorsements Against Other Perils 2301.70 Binder or Other Contract for Temporary Insurance 2301.80 Filing of Form 2301.90 Applicability 2301.100 Policy Conformance 2301.110 Optional Information AUTHORITY: Implementing Section 397 and authorized by Section 401 of the Illinois Insurance Code [215 ILCS 5/397 and 401]. SOURCE: Filed March 9, 1961, effective March 17, 1961; codified at 7 Ill. Reg. 9555; amended at 50 Ill. Reg. ______, effective ____________. Section 2301.30 Form The printed form of the policy together with optional first page thereof is available from the state of Illinois Department of Insurance, 4800 Wabash Ave.320 West Washington, Springfield Illinois 6271162706, and is hereby designated as the Standard Policy for fire and lightning insurance of the State of Illinois. All policies or contracts of such insurance issued or delivered by an insurer subject to the provisions of the Illinois Insurance Code or by any agent or representative thereof on any property in this State shall conform to such form of Standard Policy or, if another form is used, shall for the purpose of concurrence of contract be deemed to be the Standard Policy. (Source: Amended at 50 Ill. Reg. ______, effective ____________) Section 2301.110 Optional Information The information on the filing back of the Standard Five Policy is optional, however, there shall be a form number and edition identification on the policy (this form is available from the Department of Insurance, 4800 Wabash Ave.320 West Washington, Springfield, Illinois, 6271162706). (Source: Amended at 50 Ill. Reg. ______, effective ____________)