Pennsylvania Code
Title 31 - INSURANCE
Part VII - Property, Fire and Casualty Insurance
Chapter 118a - PROPERTY AND CASUALTY ACTUARIAL OPINION
Section 118a.6 - Exemptions

Universal Citation: 31 PA Code ยง 118a.6

Current through Register Vol. 54, No. 44, November 2, 2024

(a) A domestic insurer may annually submit a written request to the Commissioner for approval of an exemption from the requirement to file a statement of actuarial opinion in the manner set forth by the property and casualty annual statement instructions prescribed by the NAIC.

(b) A foreign insurer exempted from filing a statement of actuarial opinion by the chief insurance regulatory official in its domiciliary jurisdiction is exempt from filing a statement of actuarial opinion under this chapter if the foreign insurer files a copy of the approved exemption with the Commissioner in accordance with the property and casualty annual statement instructions prescribed by the NAIC.

This section cited in 31 Pa. Code § 118a.3 (relating to statement of actuarial opinion and supporting documentation).

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