PRINTER'S NO. 1764
No. 1502 Session of 1991
INTRODUCED BY FOX, COLAIZZO, PESCI, MELIO, TRELLO, ACOSTA, FLICK
AND R. C. WRIGHT, JUNE 3, 1991
REFERRED TO COMMITTEE ON INSURANCE, JUNE 3, 1991
AN ACT
1 Amending the act of June 11, 1947 (P.L.538, No.246), entitled
2 "An act relating to the regulation of rates for insurance
3 which may be written by stock or mutual casualty insurance
4 companies, associations or exchanges, including fidelity,
5 surety and guaranty bonds and all other forms of motor
6 vehicle insurance, and title insurance; to rating and
7 advisory organizations; conferring on the Insurance
8 Commissioner the power and duty of supervising and regulating
9 persons, associations, companies and corporations, and of
10 enforcing the provisions of this act; prescribing and
11 regulating the practice and procedure before the
12 commissioner, and procedure for review by the courts; giving
13 the Court of Common Pleas of Dauphin County exclusive
14 jurisdiction over certain proceedings; prescribing penalties
15 and providing for enforcement thereof, and repealing
16 inconsistent acts," prohibiting the use of zip codes when
17 location of the insured is used as a factor in the
18 determination of rates.
19 The General Assembly of the Commonwealth of Pennsylvania
20 hereby enacts as follows:
21 Section 1. Section 3 of the act of June 11, 1947 (P.L.538,
22 No.246), known as The Casualty and Surety Rate Regulatory Act,
23 is amended by adding a subsection to read:
24 Section 3. Making of Rates.--All rates shall be made in
25 accordance with the following provisions:
1 * * *
2 (f) When the location of the insured is used as a factor in
3 the determination of rates, the exact municipality in which the
4 insured resides shall be used, and not the zip code of the
5 residence of the insured.
6 Section 2. This act shall apply to insurance policies issued
7 or renewed on or after the effective date of this act.
8 Section 3. This act shall take effect in 30 days.
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