Pennsylvania Code
Title 31 - INSURANCE
Part VII - Property, Fire and Casualty Insurance
Chapter 112 - POLICIES COVERING PERSONAL PROPERTY PLEDGED AS COLLATERAL
Section 112.12 - Enforcement

Universal Citation: 31 PA Code ยง 112.12

Current through Register Vol. 54, No. 12, March 23, 2024

A person, agent, broker, corporation, firm, partnership or association or an insurance company, association or exchange failing to comply with the provisions of this chapter shall be considered when appropriate in violation of any of the following acts or specified sections thereof and subject to penalties as follows:

(1) The Fire, Marine and Inland Marine Rate Regulatory Act, act of June 11, 1947 (P. L. 551, No. 247) as reenacted and amended by section 1 of the act of August 23, 1961 (P. L. 1053) (40 P. S. § 1233) and penalties specified in section 3 (40 P. S. § 1235) of that act.

(2) Section 346 of the Insurance Company Law of 1921 (40 P. S. § 471) and penalties specified in section 350 (40 P. S. § 475) of that act.

(3) Section 354 of The Insurance Company Law of 1921 (40 P. S. § 477b) and penalties specified in that section.

(4) Section 635 of The Insurance Department Act of one thousand nine hundred and twenty-one (40 P. S. § 275) and penalties specified in section 639 (40 P. S. § 279) of that act.

(5) Section 5(a)(4) of The Unfair Insurance Practices Act (40 P. S. §§ 1171.5(a)(4)) and penalties specified in sections 9-11 (40 P. S. §§ 1171.9-1171.11) of that act.

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