31 Pa. Code § 127.1

Current through Register Vol. 54, No. 45, November 9, 2024
Section 127.1 - Definitions

The following words and terms, when used in this chapter, have the following meanings, unless the context clearly indicates otherwise:

Company-A domestic insurance company.

Contract-A management contract or an exclusive general agency agreement entered into between a licensee and a company.

Department-The Insurance Department of the Commonwealth.

Licensee-An individual, corporation or copartnership licensed or subject to licensing by the Insurance Commissioner as a manager or exclusive general agent of a domestic insurance company under section 651 of The Insurance Department Act of 1921 (40 P. S. § 291) and this chapter.

31 Pa. Code § 127.1