PRINTER'S NO. 787
No. 715 Session of 1995
INTRODUCED BY DURHAM, DeLUCA, THOMAS, HERMAN, FICHTER, COLAFELLA, CARN, ROONEY, HERSHEY, STISH, CARONE, RUBLEY, E. Z. TAYLOR, HENNESSEY, KENNEY, RAYMOND, SANTONI, LAUGHLIN, TRELLO, OLASZ, DONATUCCI, TIGUE, WOZNIAK, YOUNGBLOOD, MICHLOVIC, VAN HORNE, STABACK, DALEY AND ITKIN, FEBRUARY 13, 1995
REFERRED TO COMMITTEE ON INSURANCE, FEBRUARY 13, 1995
AN ACT 1 Amending the act of June 5, 1968 (P.L.140, No.78), entitled "An 2 act regulating the writing, cancellation of or refusal to 3 renew policies of automobile insurance; and imposing powers 4 and duties on the Insurance Commissioner therefor," further 5 providing for premium payments. 6 The General Assembly of the Commonwealth of Pennsylvania 7 hereby enacts as follows: 8 Section 1. Section 4.1 of the act of June 5, 1968 (P.L.140, 9 No.78), entitled "An act regulating the writing, cancellation of 10 or refusal to renew policies of automobile insurance; and 11 imposing powers and duties on the Insurance Commissioner 12 therefor," is amended by adding a subsection to read: 13 Section 4.1. * * * 14 (d) A private passenger automobile insurance policy issued 15 or renewed in this Commonwealth must provide the option of at 16 least quarterly installment payments for premiums. 17 Section 2. This act shall take effect in six months. A10L40JAM/19950H0715B0787