Illinois Administrative Code
Title 56 - LABOR AND EMPLOYMENT
Part 6000 - AMUSEMENT RIDE AND ATTRACTION SAFETY ACT
Section 6000.85 - Requirements for Liability Insurance

1) Proof of insurance shall be a copy of the policy or policies, including all endorsements, or a certificate of insurance issued by the insurer and filed with the Department's Amusement Ride and Attraction Safety Division.

2) The company or companies affording coverage shall have a current Best's Financial Strength Rating of "B+" or better and a current Best's Financial Size Category of class "V" or better.

3) Policies and certificates issued by companies not a part of the Illinois Insurance Guaranty Fund shall bear a surplus lines stamp.

1) A governmental body that is self-insured shall submit a Statement of Self-Insurance at least as great as those required by Section 2-14 of the Act.

2) If the governmental body's self-insurance is not as great as required, then the body shall also submit documentation of its excess coverage, either through a conventional insurance company or an insurance pool. If the excess coverage is through a conventional insurance carrier, then the A.M. Best ratings as stated in this Section shall apply. If a pool is used, the pool shall be registered with the Department of Insurance, and shall submit a financial statement to the Department's Amusement Ride and Attraction Safety Division evidencing a surplus to liability ratio of at least 2.5 to 1.