Powers and duties of department

Act 285 of 1921, § 602-A, under "INSURANCE DEPARTMENT ACT OF 1921, THE".

Act 285 of 1921, § 602-A

Section 602-A. Powers and duties of department.

(a) Responsibilities.--The commissioner shall do all of the following:

(1) License insurance producers in accordance with this act.

(2) Approve and administer or contract for the overall administration of the insurance producer licensing examinations and continuing education programs. ((2) amended Oct. 31, 2024, P.L.1155, No.142)

(b) Authorizations.--The commissioner may do all of the following:

(1) Secure or require any documents or information, including fingerprints, reasonably necessary to verify the accuracy of information provided on an application. The information provided under this subsection shall not be limited by 18 Pa.C.S. § 9121(b)(2) (relating to general regulations). ((1) amended June 30, 2021, P.L.225, No.46)

(2) Participate with the NAIC in a centralized insurance producer license registry for purposes of submitting or obtaining information on insurance producers, including licensing history, lines of authority and regulatory action.

(3) Approve forms to be used by individuals and business entities to apply to the department for an insurance producer license.

(4) Approve additional limited lines of authority.

(602-A added Dec. 6, 2002, P.L.1183, No.147)