"Controlled insurer" means a licensed insurer that is controlled directly or indirectly by a producer.
215 ILCS 107/5.20
Controlled insurer
Known as the Producer Controlled Insurer Act
The act spans §§ 215-107-1 to 215-107-99 (16 sections).
P.A. 87-1090.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.