Section 510-A. Hearings.--(a) The insurer shall have the right to a confidential departmental hearing at which the insurer may challenge a determination or action by the commissioner upon one or more of the following events:
(1) Issuance of a final order by the commissioner accepting an adjusted RBC report under section 502-A(c).
(2) Notification to an insurer by the commissioner of a corrective order with respect to the insurer.
(b) The insurer shall notify the commissioner of the insurer's request for a hearing under this section within five days after the action or notification by the commissioner under subsection (a). Upon receipt of the insurer's request for a hearing, the commissioner shall set a date for the hearing, which date shall be no less than ten days nor more than thirty days after the date of the insurer's request.
(510-A added June 25, 1997, P.L.349, No.40)