 |
Industrial Commission Operations Fund Surcharge
Illinois Department of Financial and Professional Regulation Division of Insurance
|
Effective July 1, 2004:
For every company subject to 215 ILCS 5/416 (a) of the Illinois Insurance Code
(215
ILCS 5/416), the Industrial Commission Operations Fund Surcharge is amended
by Public
Act 093-0840 to 1.01% of its direct written premium for insuring employers'
liabilities arising under the Workers' Compensation Act or Workers' Occupational
Diseases Act as reported in each company's annual statement filed for the previous
year as required by Section 136.