Regulation #11-243: Standards to Define Insurers Deemed to be in Hazardous Financial Condition
Updates and clarifies standards used to identify insurers in hazardous financial condition and specify corrective actions to be taken to minimize the number and impact of insurance insolvencies.
IRRC Number | 2851 | Proposed Regulation Received | May 25, 2010 |
Agency Name | Insurance Department | PA Bulletin Publish Date | June 05, 2010 |
Regulation Status | Final-Form | Close of Public Comment | July 06, 2010 |
PA Code | 31 Pa. Code Chapter 160 | Final Due By | July 06, 2012 |
Analysts Assigned |
James M. Smith (JMS) Fiona E. Wilmarth (FEW) |
IRRC Comments Due | August 05, 2010 |
Final-Form Regulation Received | September 13, 2010 | ||
Public Meeting Date | October 21, 2010 | ||
Published as Final | November 20, 2010 | ||
Actions Taken | |||
Approved by Law (no comments Section 5(g) ) | October 20, 2010 | ||
House Committee Deems Regulation Approved | October 20, 2010 | ||
Senate Committee Deems Regulation Approved | October 20, 2010 |
- Proposed Regulation
- Final Regulation
- Related Documents
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