75 Pa.C.S. § 1799.5
This is the official text of 75 Pa.C.S. § 1799.5, part of Pennsylvania’s Pa.C.S — part of the compiled statutory law of Pennsylvania, published by the state as "Pa.C.S." Browse the sections below, each linked to its official government source.
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Conduct of market study.
Official statutory text
(a) Duty of Insurance Department.--The Insurance Department may authorize a market conduct study of private passenger automobile insurers.
(b) Purposes of study.--The purposes of the study shall be to:
(1) Determine extent of insurer competition.
(2) Determine the number of uninsured motorists.
(3) Determine extent of insurer profits and losses.
(4) Determine that rates and premiums charged to residents are lawfully applied.
(5) Determine if the various policies for automobile insurance written in this Commonwealth are available equally to each resident.
(6) Determine the validity of existing rating territories and if rate differentials between or among rating territories is justified by the losses. (Feb. 7, 1990, P.L.11, No.6, eff. 60 days) 1990 Amendment. Act 6 added section 1799.5. Cross References. Section 1799.5 is referred to in section 1799.6 of this title.
(b) Purposes of study.--The purposes of the study shall be to:
(1) Determine extent of insurer competition.
(2) Determine the number of uninsured motorists.
(3) Determine extent of insurer profits and losses.
(4) Determine that rates and premiums charged to residents are lawfully applied.
(5) Determine if the various policies for automobile insurance written in this Commonwealth are available equally to each resident.
(6) Determine the validity of existing rating territories and if rate differentials between or among rating territories is justified by the losses. (Feb. 7, 1990, P.L.11, No.6, eff. 60 days) 1990 Amendment. Act 6 added section 1799.5. Cross References. Section 1799.5 is referred to in section 1799.6 of this title.
Status: in_force · Read it on the official government site
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