(215 ILCS 157/40)
Sec. 40.
Filing.
(a) Insurers that use insurance scores to underwrite and rate risks must
file their
scoring models (or other scoring processes) with the Department. A
third
party may file scoring models on behalf of insurers. A filing that includes
insurance
scoring may include loss experience justifying the use of credit information.
(b) Any filing relating to credit information is considered to be a trade
secret
under the
Illinois Trade Secrets Act.
(Source: P.A. 93-114, eff. 10-1-03.)
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