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House of Representatives
Session of 2013 - 2014 Regular Session


Posted: May 1, 2013 09:26 AM
From: Representative Marguerite Quinn
To: All House members
Subject: Update to the Act 112 of 2012
Last session we passed legislation that was signed into law creating the Portable Electronics Insurance Act, Act 112 of 2012. That law established a limited lines insurance licensing framework for individuals and businesses offering portable electronics insurance to consumers in the Commonwealth. This insurance product is generally offered at the point-of-sale of the portable device and the law ensures that consumers are educated about the purchase of such coverage and that the individuals selling the coverage are knowledgeable about the product being offered. If you have purchased a cell phone in the past couple of years, you have most likely been offered this insurance product.

The law also contains provisions relating to circumstances under which an insurer may terminate portable electronics insurance coverage. Because this type of coverage is continuous until cancellation, the reasons for termination under the Act vary from traditional property insurance coverage. During consideration last session, specific language in the termination section was excluded that would provide greater clarity to insurers and consumers. This legislation inserts language into the termination provisions that refines the reasons for termination of portable electronics insurance coverage under the Act. The Pennsylvania Department of Insurance has reviewed this language and supports these clarifying changes.

Introduced as HB1483