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§ 1036.14. Single accident and aggregate excess insurance

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 77 P.S. Workers’ Compensation

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 77 P.S. Workers' Compensation (Refs & Annos)
Chapter 7C. Self-Insurance Pooling (Refs & Annos)
77 P.S. § 1036.14
§ 1036.14. Single accident and aggregate excess insurance
(a) Funds approved under this article shall purchase excess insurance by reason of any single accident or any single occurrence as provided in section 653 of the Insurance Company Law of 19211 and aggregate excess insurance. The department may waive the requirement for either single accident (single occurrence) or aggregate excess insurance or the requirement for both single accident (single occurrence) and aggregate excess insurance.
(b) A policy of insurance by an insurance carrier may include provisions for aggregate excess insurance in addition to the single accident (single occurrence) excess insurance which is authorized under section 653 of the Insurance Company Law of 1921.

Credits

1915, June 2, P.L. 736, No. 338, art. VIII, § 814, added 1993, July 2, P.L. 190, No. 44, § 20, effective in 120 days.

Footnotes

40 P.S. § 813.
77 P.S. § 1036.14, PA ST 77 P.S. § 1036.14
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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