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Pennsylvania State Senate
09/26/2024 08:58 PM
Pennsylvania State Senate
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?SPick=20130&chamber=S&cosponId=10117
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Senate of Pennsylvania
Session of 2013 - 2014 Regular Session

MEMORANDUM

Posted: December 14, 2012 01:47 PM
From: Senator John C. Rafferty, Jr.
To: All Senate members
Subject: Property and Casualty Insurance Changes
 
I will be re-introducing legislation from last session (SB 530) which amends the Property and Casualty Insurance Act (P.L. 396, No 86) to provide doctors with at least 60 days notice (currently 30 days) for an increase in their insurance rates and at least 90 days notice (currently 60 days) for cancellation or termination of their insurance.

With ever increasing insurance rates or insurance cancellations, doctors should be given sufficient time to prepare financially for a large rate increase or sufficient time to find replacement insurance coverage.


Introduced as SB580


Memo Updated: December 14, 2012 01:48 PM