PRINTER'S NO. 1919
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
1384
Session of
2015
INTRODUCED BY SIMMONS, THOMAS, QUINN, MURT, McGINNIS, SANKEY,
MACKENZIE, REGAN, EVANKOVICH, KAUFER, WARNER, COHEN AND
GABLER, JUNE 24, 2015
REFERRED TO COMMITTEE ON INSURANCE, JUNE 24, 2015
AN ACT
Amending the act of May 17, 1921 (P.L.682, No.284), entitled "An
act relating to insurance; amending, revising, and
consolidating the law providing for the incorporation of
insurance companies, and the regulation, supervision, and
protection of home and foreign insurance companies, Lloyds
associations, reciprocal and inter-insurance exchanges, and
fire insurance rating bureaus, and the regulation and
supervision of insurance carried by such companies,
associations, and exchanges, including insurance carried by
the State Workmen's Insurance Fund; providing penalties; and
repealing existing laws," in general provisions relating to
insurance companies, associations and exchanges, further
providing for service contract exclusion.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 358 of the act of May 17, 1921 (P.L.682,
No.284), known as The Insurance Company Law of 1921, added
October 7, 2010 (P.L.481, No.68), is amended to read:
Section 358. Service Contract Exclusion.--(a) The
marketing, sale, offering for sale, issuance, making, proposing
to make and administration of a service contract shall not be
construed to be the business of insurance and shall be exempt
from regulation as insurance.
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