The following words and phrases when used in this act shall have, unless the context clearly indicates otherwise, the meanings given to them in this section:
"Action." Includes nonaction or the failure to take action.
"Authorized agencies."
"Insurance company." Any insurance company authorized to transact the business of insurance in this Commonwealth and empowered to issue policies of insurance against loss by the perils of fire or explosion, including the Pennsylvania Fair Plan created pursuant to the act of July 31, 1968 (P.L. 738, No. 233), known as "The Pennsylvania Fair Plan Act."
"Fire loss." Shall include loss by explosion.
"Relevant." Any information having a tendency to make the existence of any fact that is of consequence to the investigation or determination of the issue more or less probable than it would be without the information.
40 P.S. § 1610.2