40 Pa. Stat. § 1182

Current through Pa Acts 2024-53, 2024-56 through 2024-92

Section 1182 - Scope of act

This Act applies to all classes and kinds of insurance which may be written by stock or mutual casualty insurance companies, associations or exchanges, and including fidelity, surety and guaranty bonds and all other forms of motor vehicle insurance, and to title insurance on risks or operations in this Commonwealth except:

(a) reinsurance, other than joint reinsurance to the extent stated in section eleven;

(b) accident and health insurance;

(c) insurance against loss of or damage to aircraft or against liability arising out of the ownership, maintenance or use of aircraft;

(d) workmen's compensation insurance;

(e) insurance covering loss in excess of at least ten thousand dollars ($10,000) from any one event issued to self-insurers as defined in rules and regulations which the insurance commissioner, hereinafter referred to as the "Commissioner," shall promulgate, where the rate is not made by a rating organization.

If any kind of insurance, subdivision or combination thereof, or type of coverage, subject to this Act, is also subject to regulation by another rate regulatory act of this Commonwealth, an insurer to which both acts are otherwise applicable shall file with the Commissioner a designation as to which rate regulatory act shall be applicable to it with respect to such kind of insurance, subdivision or combination thereof, or type of coverage.

40 P.S. § 1182

1947, June 11, P.L. 538, § 2.