(a) Authority.--In furtherance of the purposes and goals of section 1799.5 (relating to conduct of market study), the Insurance Department may conduct field surveys of agents and brokers in this Commonwealth, which shall include, but not be limited to:
(1) The determination of the geographical areas to be surveyed.
(2) The establishment of a list of insurance agents and brokers in the surveyed area or its immediate neighborhood.
(3) The interview of agents and brokers at their offices to obtain premium quotations from the agent for each company represented by that agent.
(4) The sorting and categorizing of information.
(5) The construction of a table displaying quotations by insurer, area and risk.
(6) The writing of a report of the findings.
(b) Conjunctive analysis of market study and field survey.--The department may analyze information collected from insurance companies under section 1799.5 in conjunction with information collected from field surveys. This analysis may be ongoing. The department's authority to undertake the conjunctive analysis is in addition to any other of its statutory investigative responsibilities. The conjunctive analysis may be used by the department for general regulatory purposes, including enforcement of the insurance laws.
(Feb. 7, 1990, P.L.11, No.6, eff. 60 days)
1990 Amendment. Act 6 added section 1799.6.
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