Bill Information

An Act amending the act of May 17, 1921 (P.L.682, No.284), known as The Insurance Company Law of 1921, further providing for government-owned companies; providing for property and casualty insurance rate and form filings, for the making of rates, for powers and duties of the Insurance Commissioner and for rating organizations; imposing penalties; providing for health insurance coverage for mental illnesses; defining "person" for purposes of the Insurance Company Mutual-to-Stock Conversion Act; further providing for adoption of plan of conversion; prohibiting certain acquisitions of control; further providing for violations; and making repeals.