™Your Policy Risk Impact Agent
23 chapters · 216 sections in this title.
40 Pa.C.S. § 3901 Purposes and scope of chapter
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(a) Purposes.--The purposes of this chapter are to: (1) Provide the commissioner a summary of an insurer or insurance group's corporate governance structure, policies and practices to permit the commissioner to gain and maintain an understanding of the insurer or insurance group'…
40 Pa.C.S. § 3902 Definitions
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The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly indicates otherwise: "Board." The board of directors of the filing entity. "CGAD-related information." The CGAD or any documents, materials o…
40 Pa.C.S. § 3903 Submittal of CGAD
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(a) General rule.-- (1) Beginning January 1, 2020, a domestic insurer or an insurance group of which this Commonwealth is the lead state shall submit to the department a CGAD no later than June 1 of each calendar year. (2) If a domestic insurer is a member of an insurance group o…
40 Pa.C.S. § 3904 Contents of CGAD
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(a) Contents.--The CGAD must contain the material information necessary to permit the department to gain an understanding of the insurer's or insurance group's corporate governance structure, policies and practices. The commissioner shall consider premium volume, licensing status…
