71 Pa. Stat. § 240.12A
Current through Pa Acts 2024-53, 2024-56 through 2024-92
The Insurance Department is authorized to charge fees for the following purposes and in the following amounts:
| (1) | Insurance companies, associations or exchanges | ||
| (i) | Valuation of life insurance policies based on a per thousand dollar value of such insurance | $.01 with | |
| a minimum | |||
| charge of | |||
| $15.00 | |||
| (ii) | Filing copy of charter or amendment of a domestic, foreign or alien company, association or exchange | 300.00 | |
| (iii) | Filing annual statement or other statement of a domestic, foreign or alien company, association or exchange | 750.00 | |
| (iv) | License fee for a domestic, foreign or alien company, association or exchange or any duplicate license | 100.00 | |
| (v) | License for a rating organization | 50.00 | |
| (vi) | Examination of a domestic, foreign and alien company | Expense of | |
| examination | |||
| (vii) | Filing and review of merger agreements of domestic, foreign and alien companies | 400.00 | |
| (viii) | Filing and review of conversion plan from mutual company to stock company | 2,500.00 | |
| (ix) | Filing and review of conversion plan from stock company to mutual company | 2,500.00 | |
| (x) | Filing and review of proposed exchange of shares of stock | 600.00 | |
| (xi) | Filing and review of material in connection with a proposed acquisition or offer to acquire capital stock of a domestic insurance company or insurance holding company | 2,500.00 | |
| (xii) | Filing and review of registration statement by an insurance member of an insurance holding company | 400.00 | |
| (xiii) | For each amendment to such registration statement | 200.00 | |
| (xiv) | Issuance of a certificate of compliance, deposit or surety | 20.00 | |
| (xv) | Any other certificate issued by the department | 20.00 | |
| (xvi) | Filing and review of qualifications of an insurer to issue variable annuities | 400.00 | |
| (xvii) | Certification of each copy of any paper filed with department | 20.00 | |
| plus .20 | |||
| per page | |||
| (xviii) | Copy of any paper filed with department on a per/page basis | .25 | |
| (xix) | Copy of annual statement pages | 2.00 | |
| (xx) | Domestic company license application | 2,500.00 | |
| (xxi) | Foreign/alien license application | 2,500.00 | |
| (xxii) | Qualification of insurer to issue variable life contracts | 400.00 | |
| (xxiii) | Return of increase or decrease or stated capital | 200.00 | |
| (xxiv) | Reinsurance and assumption agreement | 300.00 | |
| (xxv) | Request to pay extraordinary dividends | 200.00 | |
| (xxvi) | Surplus line binding authority agreement | 200.00 | |
| (xxvii) | Duplicate of agency or broker record | 20.00 | |
| (2) | Agents and brokers: | ||
| (i) | Each listing for written examination of applicants for licenses as agents, brokers, public adjusters or public adjuster solicitors | 10.00 | |
| (ii) | For license of an applicant qualified through prior examination | 5.00 | |
| (iii) | For agent's license | 10.00 | |
| (iv) | For annual renewal of agent's license or for a replacement or duplicate of such license | 10.00 | |
| (v) | For each additional variable annuity power in an agent's license on a per annuity basis | 5.00 | |
| (vi) | Individual insurance broker license | 20.00 | |
| (vii) | Insurance broker license in the name of a corporation or copartnership | 25.00 | |
| (viii) | For each broker's license issued in the name of qualified individual active members or officers of a copartnership or corporation on a per license basis | 25.00 | |
| (ix) | For certification of an agent or broker license | 10.00 | |
| (x) | Surplus line agent: | ||
| (A)Initial license | 100.00 | ||
| (B)Annual renewal | 100.00 | ||
| (C)Annual certificate of eligibility | 10.00 | ||
| (D)Examination fee | 10.00 | ||
| (3) | Fraternal benefit societies: | ||
| (i) | Filing copy of charter of a domestic, foreign or alien society, in addition to any fee for filing such charter with the Department of State | 70.00 | |
| (ii) | The filing of an annual or other statement | 750.00 | |
| (iii) | License to society or certified copy or duplicate thereof | 80.00 | |
| (iv) | Each listing for written examination of an applicant for license as an agent | 10.00 | |
| (v) | Each applicant for such licenses for which an examination is not required | 5.00 | |
| (vi) | Agent's license for each domestic or foreign society, for life or accident and health lines, or any combination thereof, regardless of the number of powers, excepting variable annuities for which licensed | 10.00 | |
| (vii) | Copy of any paper filed in the department | 10.00 | |
| per page | .25 | ||
| (viii) | Any certificate required | 10.00 | |
| (ix) | Making examinations | Expense of | |
| examination | |||
| (x) | Filing and reviewing agreements of merger of domestic, foreign and alien societies | 400.00 | |
| (xi) | Filing and review of a plan of conversion from a fraternal benefit society to a mutual company and for filing each amendment to registration statement | 400.00 | |
| (xii) | For issuing a certificate of compliance, deposit or surety or any other certificate required to be issued by the department | 20.00 | |
| (xiii) | Filing and review of qualification of a society to issue variable annuities | 400.00 | |
| (xiv) | Certificate of an agent's license or for duplicate or replacement licenses | 10.00 | |
| (xv) | Any other certificate issued by the division of agents | 10.00 | |
| (xvi) | Each renewal of license as an individual agent | 10.00 | |
| (xvii) | Each additional variable annuity power in such license | 5.00 | |
| (4) | License and annual renewal for manager or exclusive general agent for domestic insurance company | 400.00 | |
| (5) | Motor vehicle physical damage appraiser: | ||
| (i) | Initial license | 55.00 | |
| (ii) | Annual renewal | 55.00 | |
| (6) | Professional bondsman license: | ||
| (i) | Initial license | 100.00 | |
| (ii) | Annual renewal | 100.00 | |
| (7) | Public adjustors and solicitors for companies | ||
| (i) | Public adjustor: | ||
| (A)Initial license | 100.00 | ||
| (B)Annual renewal | 100.00 | ||
| (ii) | Public adjustor solicitor: | ||
| (A)Initial license | 50.00 | ||
| (B)Annual renewal | 50.00 | ||
| (8) | Workmen's Compensation Security Fund assessment: | ||
| (i) | Stock company, mutual carrier and reciprocal exchange | 1% of annual | |
| net written | |||
| premiums | |||
| (9) | Annual company appointment fee as defined and regulated by section 671-A act of May 17, 1921 (P.L. 789, No. 285), known as "The Insurance Department Act of 1921" | 15.00 | |
| (10) | Insurance producer license fees: | ||
| (i) | Amended license | 25.00 | |
| (ii) | Certified license history | 25.00 | |
| (iii) | Duplicate license | 25.00 | |
71 P.S. § 240.12A