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What does the PA insurance Department do?
Monitor the financial solvency of insurance companies. License insurance companies and producers/agents. Review and approve insurance policy language and rates. Coordinate the rehabilitation and liquidation of insolvent insurance companies.
Pennsylvania Department of Insurance
Who regulates insurance companies in Pennsylvania?
The Office of Market Regulation is responsible for regulating the behavior of insurance companies, agencies, agents and other licensees' in Pennsylvania's Insurance Marketspace.
What are the three types of insurance in PA?
- Auto Insurance.
- Homeowners Insurance.
- Renters Insurance.
- Flood Insurance.
Who is in charge of PA insurance Department?
Meet the Insurance Commissioner. Michael Humphreys was named Acting Insurance Commissioner on February 28, 2022.
Who regulates the insurance industry in PA?
The Office of Market Regulation is responsible for regulating the behavior of insurance companies, agencies, agents and other licensees' in Pennsylvania's Insurance Marketspace.
Breaking News for PA Insurance Agents
What are the three types of insurance in PA?
- Auto Insurance.
- Homeowners Insurance.
- Renters Insurance.
- Flood Insurance.
Who oversees health insurance companies pa?
The Pennsylvania Insurance Department actively supervises and regulates title insurance pursuant to The Insurance Company Law of 1921 – 40 P.S. §§910-1 to 55.
How do I contact PA insurance Commission?
- Toll-free: 1-877-881-6388.
- Fax: (717) 787-8585.
Who is in charge of Pennsylvania Insurance Department?
Meet the Insurance Commissioner. Michael Humphreys was named Acting Insurance Commissioner on February 28, 2022.
Tips on Passing the P&C Insurance State Exam
How do I file a complaint with the insurance commission Philippines?
- Call us at 800-562-6900, 8 a.m. to 5 p.m., Monday – Friday.
- Contact us to ask us an insurance question.
- Get help with language assistance services.
Who is in charge of PA insurance Department?
Meet the Insurance Commissioner. Michael Humphreys was named Acting Insurance Commissioner on February 28, 2022.
Is Pennsylvania a NAIC state?
Pennsylvania Adopts NAIC Annuity Suitability Update.
What body oversees insurance companies?
The
(NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories.
COVID-19 Live Q+A with the PA Insurance Department (4-6-20)
What are the three main insurances?
- Health insurance. It allows the insured to cover up medical expenses while visiting a doctor and other major costs usually involved during surgeries. …
- Life insurance. …
- Rental or property insurance.
What are the three car insurance coverages that are required by law in PA?
- $15,000 for injury or death of one person in an accident.
- $30,000 for injury or death of more than one person in an accident.
- $5,000 for damage to property of another person.
What coverages are required in Pennsylvania?
- Bodily injury liability coverage: $15,000 per person, $30,000 per accident.
- Property damage liability coverage: $5,000.
- Uninsured motorist coverage: $15,000 per person, $30,000 per accident*
- Underinsured motorist coverage: $15,000 per person, $30,000 per accident*
COVID-19 Live Q+A With the PA Insurance Department (4-20-20)
What is the only type of insurance coverage required by PA and many other states?
Liability insurance: Almost all states require a minimum amount of liability insurance. This coverage helps pay for any injuries or damages you cause in a car accident, including those of the other driver and their passengers.