Pennsylvania Code
Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 54 Pa.B. 6234 (September 28, 2024).

31 Pa. Code § 112.4. Writing of policies.

§ 112.4. Writing of policies.

 (a)  Policies may be written single interest or dual interest.

 (b)  No policy shall be written as excess insurance. Policies insuring specific items of purchase or items pledged as collateral shall be primary insurance.

 (c)  Policies of insurance shall not be used without the prior approval of the Commissioner.

 (d)  There shall be no minimum premium charged.

Source

   The provisions of this §  112.4 amended November 22, 1974, 4 Pa.B. 2419. Immediately preceding text appears at serial page (14260).


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