§ 1029.11. Professional liability insurance.

 (a)  A broker shall continuously maintain professional liability insurance in the amount of $50,000, including coverage for errors and omissions caused by the broker’s negligence in the performance of duties from an insurer authorized to do business in this Commonwealth.

 (b)  A broker registration will not be issued or renewed unless confirmation of required insurance has been filed with the Authority as provided in §  1025.2 (relating to insurance forms and procedures).

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