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PA Bulletin, Doc. No. 02-2201

NOTICES

Viatical Settlements Act Applications Notice; Notice No. 2002-14

[32 Pa.B. 6022]

   Under section 17 of the act of July 4, 2002 (P. L. 699, No. 107), known as the Viatical Settlements Act (act), the Insurance Department (Department) is hereby publishing notice that applications for viatical settlement broker licenses and viatical settlement provider licenses are now available.

   Viatical settlement broker license applications are available by contacting Refa Brown, Supervisor, Bureauof Producer Services, 1300 Strawberry Square, Harrisburg, PA 17120, (717) 787-3840, rebrown@state.pa.us.

   Viatical settlement provider license applications are available by contacting Robert Brackbill, Chief, Company Licensing Division, 1345 Strawberry Square, Harrisburg, PA 17120, (717) 783-2143, rbrackbill@state.pa.us.

   Both applications are available to be downloaded from the Department's website: http://www.insurance.state.pa.us.

   The effective date of the act is January 2, 2003, and although the Department will accept applications prior to that date, no viatical settlement broker or viatical settlement provider licenses will be issued until on or after the effective date. As provided in section 17 of the act, those persons who are engaged in the business of viatical settlements in this Commonwealth on or before the effective date of the act may continue to do so pending the Department's approval or disapproval, so long as they have submitted a completed application to the Department within 30 days of this publication. Questions regarding this notice, the viatical settlement broker license application or the viatical settlement provider application should be directed to the persons previously identified.

M. DIANE KOKEN,   
Insurance Commissioner

[Pa.B. Doc. No. 02-2201. Filed for public inspection December 6, 2002, 9:00 a.m.]      


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