PRINTER'S NO. 1457
No. 1181 Session of 1989
INTRODUCED BY SALVATORE, JULY 11, 1989
REFERRED TO BANKING AND INSURANCE, JULY 11, 1989
AN ACT
1 Amending the act of June 11, 1947 (P.L.538, No.246), entitled
2 "An act relating to the regulation of rates for insurance
3 which may be written by stock or mutual casualty insurance
4 companies, associations or exchanges, including fidelity,
5 surety and guaranty bonds and all other forms of motor
6 vehicle insurance, and title insurance; to rating and
7 advisory organizations; conferring on the Insurance
8 Commissioner the power and duty of supervising and regulating
9 persons, associations, companies and corporations, and of
10 enforcing the provisions of this act; prescribing and
11 regulating the practice and procedure before the
12 commissioner, and procedure for review by the courts; giving
13 the Court of Common Pleas of Dauphin County exclusive
14 jurisdiction over certain proceedings; prescribing penalties
15 and providing for enforcement thereof, and repealing
16 inconsistent acts," prohibiting the establishment of rating
17 territories.
18 The General Assembly of the Commonwealth of Pennsylvania
19 hereby enacts as follows:
20 Section 1. Section 3 of the act of June 11, 1947 (P.L.538,
21 No.246), known as The Casualty and Surety Rate Regulatory Act,
22 is amended by adding a subsection to read:
23 Section 3. Making of Rates.--All rates shall be made in
24 accordance with the following provisions:
25 * * *
1 (f) Rating territories shall not be established. Risks must
2 be spread throughout the entire Commonwealth.
3 Section 2. This act shall take effect in 60 days.
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