S0877B1135A05614 SFR:NLG 01/26/18 #90 A05614
AMENDMENTS TO SENATE BILL NO. 877
Sponsor: REPRESENTATIVE PICKETT
Printer's No. 1135
Amend Bill, page 1, line 21, by inserting a bracket before
"No"
Amend Bill, page 1, line 21, by inserting after
"Prohibition.--No"
] Except as otherwise provided in this section, no
Amend Bill, page 2, lines 7 through 14, by striking out all
of said lines and inserting
(a.1) Exception.--An insurance producer may offer or give to
an insured or a prospective insured, on an annual aggregate
basis, any favor, advantage, object, valuable consideration or
anything other than money that has a cost of or a redeemable
value of less than or equal to $100, which is not specified in
the contract of insurance. The commissioner may increase this
amount upon publication of notice in the Pennsylvania Bulletin.
Amend Bill, page 2, by inserting between lines 16 and 17
(c) Construction.--Nothing in this section shall be
construed as:
(1) permitting any unfair method of competition or an
unfair or deceptive act or practice under the act of July 22,
1974 (P.L.589, No.205), known as the Unfair Insurance
Practices Act; or
(2) prohibiting an insurance producer from offering or
giving to an insured, for free or at a discounted price,
services or other offerings that relate to loss control of
the risks covered under the policy.
Amend Bill, page 2, line 18, by inserting a bracket before
"No"
Amend Bill, page 2, line 18, by inserting after
"Prohibition.--No"
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] Except as otherwise provided in this section, no
Amend Bill, page 2, lines 27 through 30; page 3, lines 1
through 3; by striking out all of said lines on said pages and
inserting
(a.1) Exception.--An insurance producer may offer or give to
an insured or a prospective insured, on an annual aggregate
basis, any favor, advantage, object, valuable consideration or
anything other than money that has a cost of or a redeemable
value of less than or equal to $100. The commissioner may
increase this amount upon publication of notice in the
Pennsylvania Bulletin.
Amend Bill, page 3, by inserting between lines 5 and 6
(c) Construction.--Nothing in this section shall be
construed as:
(1) permitting any unfair method of competition or an
unfair or deceptive act or practice under the act of July 22,
1974 (P.L.589, No.205), known as the Unfair Insurance
Practices Act; or
(2) prohibiting an insurance producer from offering or
giving to an insured, for free or at a discounted price,
services or other offerings that relate to loss control of
the risks covered under the policy.
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See A05614 in
the context
of SB0877