Bill Information

An Act amending the act of May 17, 1921 (P.L.682, No.284), known as The Insurance Company Law of 1921, further providing for effect of act on existing laws; providing for the definition of "long-term care insurance"; in insurance holding companies, further providing for definitions, for acquisition of control of or merger with domestic insurer and for acquisitions involving insurers not otherwise covered; establishing the Insurance Restructuring Public Interest Review Board; providing for its powers and duties; establishing an account; further providing for coverage and limitations; providing for health care reporting; and making an inconsistent repeal.