1Amending the act of July 22, 1974 (P.L.589, No.205), entitled 
2"An act relating to unfair insurance practices; prohibiting 
3unfair methods of competition and unfair or deceptive acts 
4and practices; and prescribing remedies and penalties," 
5further providing for definitions.

6The General Assembly of the Commonwealth of Pennsylvania
7hereby enacts as follows:

8Section 1. The definition of "renewal" or "to renew" in
9section 3 of the act of July 22, 1974 (P.L.589, No.205), known 
10as the Unfair Insurance Practices Act, is amended and the
11section is amended by adding a definition to read:

12Section 3. Definitions.--As used in this act:

13"Affiliated insurer." An insurer that is an affiliate as
14defined in section 1401 of the act of May 17, 1921 (P.L.682,
15No.284), known as "The Insurance Company Law of 1921."

16* * *

17"Renewal" or "to renew" means the issuance and delivery by an
18insurer of a policy superseding at the end of the policy period
19a policy previously issued and delivered by the same insurer or
 

1affiliated insurer, such renewal policy to provide types and
2limits of coverage at least equal to those contained in the
3policy being superseded, or the issuance and delivery of a
4certificate or notice extending the term of a policy beyond its
5policy period or term with types and limits of coverage at least
6equal to those contained in the policy being extended: Provided,
7however, That any policy with a policy period or term of less
8than twelve months or any period with no fixed expiration date
9shall for the purpose of this act be considered as if written
10for successive policy periods or terms of twelve months.

11* * *

12Section 2. This act shall take effect in 60 days.