The assigned carrier may terminate a policy issued under this Part as permitted by law. The termination notice shall indicate whether the policy is being cancelled or nonrenewed. The termination notice shall include the proposed date of termination, the reason or reasons for the termination, and all other information required by law. The termination notice shall notify the employer of the hearing procedures set forth in Section 2904.160.
Ill. Admin. Code tit. 50, § 2904.140