40 Pa. Stat. § 991.2609

Current through Pa Acts 2024-35, 2024-56
Section 991.2609 - Sanctions

An insurer that fails to timely file an ORSA summary report as required under this article or by regulation shall be required to pay a penalty of $200 for each day of delay. The maximum penalty under this section is $25,000 per year.

40 P.S. § 991.2609

Added by P.L. 656 2013 No. 78, § 2, eff. 1/1/2015.