PRINTER'S NO. 1135
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
877
Session of
2017
INTRODUCED BY WHITE AND WARD, SEPTEMBER 6, 2017
REFERRED TO BANKING AND INSURANCE, SEPTEMBER 6, 2017
AN ACT
Amending the act of May 17, 1921 (P.L.789, No.285), entitled "An
act relating to insurance; establishing an insurance
department; and amending, revising, and consolidating the law
relating to the licensing, qualification, regulation,
examination, suspension, and dissolution of insurance
companies, Lloyds associations, reciprocal and inter-
insurance exchanges, and certain societies and orders, the
examination and regulation of fire insurance rating bureaus,
and the licensing and regulation of insurance agents and
brokers; the service of legal process upon foreign insurance
companies, associations or exchanges; providing penalties,
and repealing existing laws," in insurance producers, further
providing for rebates prohibited and for inducements
prohibited.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Sections 645-A and 646-A of the act of May 17,
1921 (P.L.789, No.285), known as The Insurance Department Act of
1921, are amended to read:
Section 645-A. Rebates prohibited.
(a) Prohibition.--No insurance producer shall, directly or
indirectly, offer, promise, allow, give, set off or pay a rebate
of, or part of, a premium payable on the contract of insurance
or on the insurance producer's commission, earnings, profits,
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