31 Pa. Code § 25.17. Annual registration of insurers

31 Pa. Code § 25.17. Annual registration of insurers—statement filing.

§ 25.17. Annual registration of insurers—statement filing.

(a)  An insurer required to file an annual registration statement under section 1404 of the act (40 P. S. §  991.1404) shall furnish the required information on Form B as prescribed by this chapter.
(b)  Under section 1404(a) of the act, an insurer shall file a Form B located in Appendix A within 15 days after becoming subject to registration and annually thereafter by March 31 of each year. If the Commissioner approves a merger or acquisition of control, the domestic insurer being acquired shall file a properly completed Form B within 15 days of the end of the month in which the merger or acquisition is consummated.
(c)  An amendment to Form B shall be filed within 15 days after the end of a month in which there is a material change to the information provided in the annual registration statement, including changes in officers or directors listed in Item 4 of Form B. An amendment to Form B is not required if a material change has been reported as a dividend, other distribution to shareholders, or other transaction under § §  25.21 and 25.22 (relating to transactions subject to prior notice—notice filing; and all dividends and other distributions), and there has been no change in the reported information.
(d)  Amendments shall be filed in the Form B format with only items which are being amended reported. Each amendment shall include at the top of the first page ‘‘Amendment No. (insert number) to Form B for (insert year of most recent filing)’’ and shall indicate the date of the amendment and not the date of the original filing.

Authority

   The provisions of this §  25.17 issued under Article XIV of The Insurance Company Law of 1921 (40 P. S. § §  991.1401—991.1413); amended under section 337.8 of The Insurance Company Law of 1921 (40 P. S. §  459.8).

Source

   The provisions of this §  25.17 adopted September 3, 1993, effective September 4, 1993, 23 Pa.B. 4216; amended August 10, 2001, effective August 11, 2001, 31 Pa.B. 4406. Immediately preceding text appears at serial pages (245449) to (245450).

No part of the information on this site may be reproduced for profit or sold for profit.

This material has been drawn directly from the official Pennsylvania Code full text database. Due to the limitations of HTML or differences in display capabilities of different browsers, this version may differ slightly from the official printed version.