PRINTER'S NO. 2186
No. 1760 Session of 1995
INTRODUCED BY L. I. COHEN, GEORGE, WAUGH, E. Z. TAYLOR, FARMER, PETTIT, TRELLO, BELARDI, PISTELLA, HORSEY, MERRY, FARGO, BELFANTI, YOUNGBLOOD AND BARD, JUNE 19, 1995
REFERRED TO COMMITTEE ON INSURANCE, JUNE 19, 1995
AN ACT 1 Amending the act of May 17, 1921 (P.L.789, No.285), entitled, as 2 amended, "An act relating to insurance; establishing an 3 insurance department; and amending, revising, and 4 consolidating the law relating to the licensing, 5 qualification, regulation, examination, suspension, and 6 dissolution of insurance companies, Lloyds associations, 7 reciprocal and inter-insurance exchanges, and certain 8 societies and orders, the examination and regulation of fire 9 insurance rating bureaus, and the licensing and regulation of 10 insurance agents and brokers; the service of legal process 11 upon foreign insurance companies, associations or exchanges; 12 providing penalties, and repealing existing laws," requiring 13 hearing examiners of the Insurance Department to issue 14 decisions within 60 days. 15 The General Assembly of the Commonwealth of Pennsylvania 16 hereby enacts as follows: 17 Section 1. The act of May 17, 1921 (P.L.789, No.285), known 18 as The Insurance Department Act of 1921, is amended by adding a 19 section to read: 20 Section 107. Hearing Examiners.--A hearing examiner of the 21 Insurance Department shall issue a decision on the subject of a 22 hearing within sixty (60) days of that hearing. 23 Section 2. This act shall take effect immediately. D5L40DGS/19950H1760B2186