Pennsylvania Code
Title 31 - INSURANCE
Part I - General Provisions
Subpart C - Agents and Brokers
Chapter 37 - AGENT CERTIFICATES OF QUALIFICATION AND BROKER LICENSES
MISCELLANEOUS
Section 37.82 - Agent and broker indebtedness
Universal Citation: 31 PA Code ยง 37.82
Current through Register Vol. 54, No. 44, November 2, 2024
(a) The Department will not act as a collection agency, but will take action at its discretion in regard to specific violations of the insurance laws or in regard to the indebtedness of an agent or broker if the cause of the indebtedness reflects on the trustworthiness of the agent or broker.
(b) The Department will investigate and take appropriate action regarding premiums collected by the agent and not remitted to the entity, only after the entity has exhausted reasonable legal remedies to effect the collection of the unremitted premium.
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