§ 710-7. Review procedures
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. Insurance
40 P.S. § 710-7
§ 710-7. Review procedures
(b) Disapproval of a filing shall be based only on specific provisions of applicable law, regulations or statements of policy or on insufficiency of supporting information. Rates filed under section 505-A shall not be disapproved unless the rates are determined to be excessive, inadequate or unfairly discriminatory.
(c) A filing disapproved by the department may be resubmitted within one hundred twenty (120) days after the date of the disapproval. Resubmitted filings shall become effective and may be used thirty (30) days after the receipt of the resubmission by the department unless previously approved or disapproved by the department. The provision of this subsection shall apply to filings made after the effective date of this article.
(d) Disapproval of a resubmitted filing shall be based only on specific provisions of applicable law, regulations or statements of policy or on insufficiency of supporting information. Disapproval may not be based on any grounds not specified in the initial disapproval issued by the department except to the extent that new information is presented in the resubmission.
Credits
1921, May 17, P.L. 682, No. 284, art. V-A, § 507-A, added 1998, Dec. 21, P.L. 1108, No. 150, § 3, effective in 60 days.
40 P.S. § 710-7, PA ST 40 P.S. § 710-7
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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