Regulation #11-197: Discounting Medical Malpractice Loss Reserves

Prohibits future discounting of medical malpractice loss reserves and provides an approximately 10-year period to phase out existing discounts

Regulation Details
IRRC Number 2154 Proposed Regulation Received January 25, 2001
Agency Name Insurance Department PA Bulletin Publish Date October 21, 2000
Regulation Status Final-Form Close of Public Comment November 20, 2000
PA Code 31 Pa. Code Chapter 118 Final Due By November 20, 2002
Analysts Assigned Mary Lou Harris  (MLH)
John H. Jewett  (JHJ)
Fiona E. Wilmarth  (FEW)
 IRRC Comments Due February 15, 2001
Final-Form Regulation Received April 19, 2001
Public Meeting Date May 17, 2001
Published as Final June 16, 2001
Actions Taken
IRRC Approval May 17, 2001
House Committee Deems Regulation Approved May 10, 2001
Senate Committee Deems Regulation Approved May 10, 2001

  • Proposed Regulation
  • Final Regulation
  • Related Documents
LOADING...

Public Comments on Proposed Regulation

May 16, 2001

Legislative Comments (on the Proposed and Final Regulation)

There are currently no legislative comments on the proposed or final regulation.

 

IRRC Comments on Proposed Regulation

February 15, 2001
Public Comments on Final Regulation
INSURANCE FEDERATION OF PA May 16, 2001

Legislative Comments (on the Proposed and Final Regulation)

There are currently no legislative comments on the proposed or final regulation.

 

IRRC Order(s)
APPROVAL May 17, 2001

In addition to comments, IRRC occasionally receives other correspondence and written materials from state agencies and the legislature regarding pending regulations. These documents can be found on this portion of our website.

DRAFT PRO May 16, 2000