(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.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal insurance products you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with access to legal services through a network of provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal insurance products, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.
