Pennsylvania Code
Title 31 - INSURANCE
Part VIII - Miscellaneous Provisions
Chapter 127 - MANAGEMENT CONTRACTS OR EXCLUSIVE GENERAL AGENCY AGREEMENTS
Section 127.1 - Definitions
Universal Citation: 31 PA Code ยง 127.1
Current through Register Vol. 54, No. 12, March 23, 2024
The following words and terms, when used in this chapter, have the following meanings, unless the context clearly indicates otherwise:
Company-A domestic insurance company.
Contract-A management contract or an exclusive general agency agreement entered into between a licensee and a company.
Department-The Insurance Department of the Commonwealth.
Licensee-An individual, corporation or copartnership licensed or subject to licensing by the Insurance Commissioner as a manager or exclusive general agent of a domestic insurance company under section 651 of The Insurance Department Act of 1921 (40 P. S. § 291) and this chapter.
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