§ 710-11. Disapproval after use
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. Insurance
40 P.S. § 710-11
§ 710-11. Disapproval after use
(a) Any form or rate filed and used after the expiration of the appropriate review period under this article may be subsequently disapproved. The commissioner shall notify the insurer of the disapproval in writing and shall provide the opportunity for a hearing as provided in 2 Pa.C.S. Ch. 5 Subch. A (relating to practice and procedure of Commonwealth agencies) and Ch. 7 Subch. A (relating to judicial review of Commonwealth agency action).
(c) If following a hearing the commissioner finds that a rate in use should be disapproved, the commissioner may order its use to be discontinued for any policy issued or renewed after a date specified in the order. The commissioner may reinstate the last approved rate on file with the department or specify interim rates.
Credits
1921, May 17, P.L. 682, No. 284, art. V-A, § 511-A, added 1998, Dec. 21, P.L. 1108, No. 150, § 3, effective in 60 days.
40 P.S. § 710-11, PA ST 40 P.S. § 710-11
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document |