PRINTER'S NO. 1363
No. 1207 Session of 1999
INTRODUCED BY TRELLO, GEIST, CORRIGAN, BELARDI, SAINATO,
READSHAW, PESCI, FARGO, STABACK, TRICH, SOLOBAY, BELFANTI,
SEYFERT, SERAFINI, COLAFELLA, JAMES, VAN HORNE, SHANER,
CLARK, BUNT, SURRA, HARHAI, LAUGHLIN, YOUNGBLOOD, THOMAS,
DeLUCA, WALKO, STEELMAN, GRUCELA, TIGUE, PETRARCA, M. COHEN,
ROBINSON, E. Z. TAYLOR AND MAHER, APRIL 12, 1999
REFERRED TO COMMITTEE ON INSURANCE, APRIL 12, 1999
AN ACT
1 Amending the act of May 17, 1921 (P.L.682, No.284), entitled "An
2 act relating to insurance; amending, revising, and
3 consolidating the law providing for the incorporation of
4 insurance companies, and the regulation, supervision, and
5 protection of home and foreign insurance companies, Lloyds
6 associations, reciprocal and inter-insurance exchanges, and
7 fire insurance rating bureaus, and the regulation and
8 supervision of insurance carried by such companies,
9 associations, and exchanges, including insurance carried by
10 the State Workmen's Insurance Fund; providing penalties; and
11 repealing existing laws," prohibiting the raising of
12 automobile insurance rates because of an accident where the
13 insured is not at fault.
14 The General Assembly of the Commonwealth of Pennsylvania
15 hereby enacts as follows:
16 Section 1. The act of May 17, 1921 (P.L.682, No.284), known
17 as The Insurance Company Law of 1921, is amended by adding a
18 section to read:
19 Section 358. Increases in Automobile Insurance Premiums.--An
20 insurer may not raise premiums in a policy of automobile
21 insurance on account of the insured being involved in an
1 accident unless:
2 (1) a judgment is entered against the insured in an action
3 arising out of the accident and the insured satisfies the
4 judgment; or
5 (2) the insurer pays the settlement of a claim arising out
6 of the accident.
7 Section 2. This act shall take effect in 60 days.
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