ANNUAL OPERATING REPORT OF THE ILLINOIS FAIR PLAN ASSOCIATION 2024 ESTABLISHED BY ILLINOIS LAW IN 1968, THE ILLINOIS FAIR PLAN ASSOCIATION PROVIDES PROPERTY INSURANCE COVERAGE FOR PROPERTY THROUGHOUT ILLINOIS MEETING REASONABLE UNDERWRITING STANDARDS THAT CANNOT BE INSURED ELSEWHERE. COVERAGES AVAILABLE INCLUDE HOMEOWNERS INSURANCE, DWELLING FIRE AND EXTENDED COVERAGE AND COMMERCIAL PROPERTY COVERAGES. A not-for-profit organization, the Plan's deficits are, by law, paid by all property insurance companies licensed in Illinois on an assessment basis. Assessments are based on each company's proportion of the total state premium volume. REVENUE 2024 Premium Earned $3,912,395 Net Investment Income $204,621 Other $36,945 Total $4,153,961 EXPENSES Losses Incurred and Loss Expense $1,797,998 Commissions $420,800 General and Administrative $1,943,062 Total $4,161,860 Net Loss ($7,899) In 2024, the Illinois FAIR Plan received $1.534 million in assessments from insurance companies operating in the State of Illinois. Additional information about the Illinois FAIR Plan can be obtained at www.illinoisfairplan.com. IPL0273346 Sep 21 2025