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§ 1815. Penalties

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 75 Pa.C.S.A. Vehicles

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 75 Pa.C.S.A. Vehicles (Refs & Annos)
Part II. Title, Registration and Licensing (Refs & Annos)
Chapter 18. Motor Vehicle Insurance Fraud (Refs & Annos)
Subchapter B. Antifraud Plans
75 Pa.C.S.A. § 1815
§ 1815. Penalties
Insurers that fail to file timely antifraud plans as required by sections 1811 (relating to filing of plans) and 1813 (relating to review by commissioner) are subject to the penalty provisions of section 320 of the act of May 17, 1921 (P.L. 682, No. 284), known as The Insurance Company Law of 1921.1 Insurers that do not make a good faith attempt to file an antifraud plan which complies with section 1812 (relating to content of plans) shall also be subject to the penalty provisions of section 320 of The Insurance Company Law of 1921, provided that no penalty may be imposed for the first filing made by an insurer under this subchapter. Insurers that fail to follow the antifraud plan shall be subject to a civil penalty for each violation, not to exceed $10,000, at the discretion of the commissioner after consideration of all relevant factors, including the willfulness of any violation.

Credits

1990, Feb. 7, P.L. 11, No. 6, § 20, imd. effective.

Footnotes

40 P.S. § 443.
75 Pa.C.S.A. § 1815, PA ST 75 Pa.C.S.A. § 1815
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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