Part 205 is promulgated by the Director of Insurance pursuant to Sections 401 and 144 of the Illinois Insurance Code (Ill. Rev. Stat. 1985, ch. 73, pars. 1013 and 756), which empowers the Director...to make reasonable rules and regulations as may be necessary for making effective...the insurance laws of the State.
Ill. Admin. Code tit. 50, § 205.10