PA State Insurance Regulations.pdf file:///C:/Users/HP/Desktop/NIW/PA%20State%20Insurance%20Reg
PA State Insurance Regulations
1. pre licensing education requirement
ANS 24 hours
2. minimum age to obtain license
ANS 18 years old
3. Length of temporary producer license
ANS 180 days
4. Producer licenses are issued for a term of
ANS 2 years
5. a lapsed producers license mat be reinstated within year(s) of the
license renewal date
ANS 1 year
6. Producers time to notify the commissioner of change of address, admin actions or
criminal charges
ANS 30 days
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,PA State Insurance Regulations.pdf file:///C:/Users/HP/Desktop/NIW/PA%20State%20Insurance%20Reg
7. Commissioner must give days notice of a hearing
ANS 10 days
8. Maximum producer fine per violation of insurance code
ANS $5,000
9. The commissioner must examine rating organizations at least once every
years
ANS 5 years
10. rates must be filed for days before use
ANS 30 days
11. Life, accident, or health insurance policy forms must be filed and approved by the
commissioner. Once forms have been filed they are considered ap- proved after days
unless the commissioner rejects them
ANS 30 days
12. The commissioner must conduct an examination of every licensed insurer at least once
every years
ANS 5 years
13. A person found guilty of insurance fraud is subject to
ANS $5,000 for the first violation
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