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07/23/2024 02:11 PM
Pennsylvania General Assembly
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Bill Information

Regular Session 2019-2020
Senate Bill 1195

Short Title:
An Act amending the act of May 17, 1921 (P.L.682, No.284), known as The Insurance Company Law of 1921, in general provisions relating to insurance companies, associations and exchanges, further providing for Reinsurance Credits and providing for credit for reinsurance and reciprocal jurisdictions; in Life and Health Insurance Guaranty Association, further providing for purpose, for definitions, for coverage and limitations, for creation of association, for board of directors, for powers and duties of association, for assessments, for plan of operation, for powers and duties of the commissioner, for prevention of insolvencies, for credits for assessments paid, for miscellaneous provisions, for examination of the association and annual report, for immunity, for stay of proceedings and reopening default judgments, for prohibited advertisement or Insurance Guaranty Association Act in insurance sales and for prospective application.
Prime Sponsor:
Last Action:
Act No. 113 of 2020, Nov. 3, 2020
Printer's No.:
Printer's No. Text (H) Amendments (S) Amendments (H) Fiscal Note (S) Fiscal Note Actuarial Note
* denotes current Printer's Number
Statute References :

This bill amends the act of May 17, 1921 (P.L.0682, No.0284), known as the "Insurance Company Law Of 1921, The". Other bills that also amend the same statute are listed below.