Current through Register Vol. 48, No. 12, March 22, 2024
Applications for certification under this Part shall contain the
following information:
a) The applicant's
name (including d/b/a, if any), street address, telephone number, facsimile number,
website and e-mail address. The applicant shall provide the business name as it
appears on its Illinois Secretary of State's registration, including any and all
assumed business names. This information shall be kept current and any change shall
be filed with the Chief Clerk of the Commission within 15 days after the change
occurs.
b) Contact information,
including names, addresses, telephone numbers, facsimile numbers and e-mail
addresses, for persons or entities responsible for issues related to processing the
application.
c) Applicant's Federal
Employer Identification Number (FEIN) or Taxpayer Identification Number (TIN), as
applicable.
d) A certification that the
applicant will comply with informational and reporting requirements established by
this Part.
e) A statement that the
applicant agrees to accept service by electronic means as provided for in Section
200.1050 of the Rules of
Practice.
f) An applicant shall have in
force, and provide proof that it has in force, general liability insurance that
shall remain in effect for a period of not less than one year.
1) The applicant shall have commercial general
liability insurance, which is comprised of premises and operations insurance and
products and complete operations insurance, with a coverage limit of at least
$100,000 per occurrence and $300,000 aggregate limits for bodily injury.
2) In addition, the applicant shall have property
damage insurance with limits of at least $25,000 or shall have a policy with a
single limit for bodily injury and property damage of at least $300,000 per
occurrence and $300,000 aggregate limits.
3) The commercial general liability insurance must
be maintained with an insurance company whose Best's rating is A- or better and
whose Best's financial size category is VII or larger:
A) that is either authorized to transact business
in Illinois; or
B) whose contract of
insurance is issued pursuant to Section 445 or 445a of the Insurance Code and
countersigned by the Surplus Line Association of Illinois or its
successor.
4) The applicant
shall provide a certificate of insurance as part of its application for
certification. If the applicant renews or makes changes in its insurance coverage,
the insurance coverage must be continuous and without interruption. The certificate
of insurance and the insurance policies shall contain a provision that coverage
afforded under the policies shall not be cancelled, allowed to expire, or subjected
to a reduction in the limits in any manner unless at least 30 days' prior written
notice (10 days' notice in the case of nonpayment of premium) has been given to the
Commission. The applicant shall file a copy of the additional or replacement
certificate of insurance with the Chief Clerk of the Commission and provide a copy
to the "Policy Division - EE Installer Insurance Compliance" or its successor at
least 15 days in advance of the effective date of the certificate of insurance. The
filing shall include a cover letter that explains the purpose of the filing and
shall be identified by the name of the applicant as it appears in the most recent
Commission order granting the EE Installer certification.