PRINTER'S NO. 2120
No. 1734 Session of 1979
INTRODUCED BY HOEFFEL, SEPTEMBER 24, 1979
REFERRED TO COMMITTEE ON INSURANCE, SEPTEMBER 24, 1979
AN ACT
1 Amending the act of July 19, 1974 (P.L.489, No.176), entitled
2 "An act providing for a compensation system for persons
3 injured in motor vehicle accidents; requiring insurance for
4 all motor vehicles required to be registered in Pennsylvania;
5 defining compensable damage in motor vehicle accident cases;
6 establishing an assigned claims plan; providing for
7 arbitration; imposing powers and duties on courts, the
8 Department of Transportation and the Insurance Commissioner;
9 prohibiting certain discrimination; and providing penalties,"
10 providing for the disclosure of demerit rating plan
11 information.
12 The General Assembly of the Commonwealth of Pennsylvania
13 hereby enacts as follows:
14 Section 1. Section 504, act of July 19, 1974 (P.L.489,
15 No.176), known as the "Pennsylvania No-fault Motor Vehicle
16 Insurance Act," is amended by adding a subsection to read:
17 § 504. Policy requirements and premium changes.
18 * * *
19 (d) Disclosure of demerit rating plan information.--Every
20 insurer shall annually file with the commissioner information
21 regarding the insurer's demerit rating plan which it utilizes to
22 adjust premiums for its insureds. The commissioner shall
1 establish by regulation the exact nature of the information
2 required and the form and manner in which such information shall
3 be made available to insureds and prospective insureds. Such
4 regulations shall mandate every insurer to regularly provide
5 each of its insureds and applicants for insurance the
6 information required pursuant to this subsection.
7 Section 2. This act shall take effect in 60 days.
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