Pennsylvania Code
Title 31 - INSURANCE
Part VII - Property, Fire and Casualty Insurance
Chapter 118 - DISCOUNTING OF MEDICAL MALPRACTICE LOSS RESERVES
Section 118.6 - Increased loss reserves and loss adjustment expense reserves
Universal Citation: 31 PA Code ยง 118.6
Current through Register Vol. 54, No. 12, March 23, 2024
Under section 316 of the act (40 P. S. § 115), the Commissioner may require an insurance company to restate its loss reserves or its allocated loss adjustment expense reserves by reducing or eliminating the discount if the Commissioner determines it is necessary to insure that reserves are established at an adequate level.
Disclaimer: These regulations may not be the most recent version. Pennsylvania may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
