Current through Register Vol. 54, No. 25, June 22, 2024
Section 271.377 - Insurance poolAn applicant which is a municipality or municipal authority may enter an insurance pool in accordance with 42 Pa.C.S. § 8564(d) (relating to liability insurance and self-insurance) which shall meet with the following requirements:
(1) If the insurance pool is such that the applicant is a co-insured under a master policy issued by a commercial insurer, the master policy shall meet the conditions of §§ 271.371-271.376.(2) If the insurance pool is such that the applicant is a participant in a trust fund, established to meet the requirements of § 271.371 (relating to insurance requirement), the trust fund shall be established in accordance with 42 Pa.C.S. § 8564(d) and shall contain terms and conditions so that the coverage provided meets the requirements of § 271.373 (relating to minimum insurance coverage). §§ 691.5(a), 691.304 and 691.402) ; and sections 1917-A and 1920-A of the act of April 9, 1929 (P. L. 177, No. 175) (71 P. S. §§ 510-17 and 510-20).The provisions of this § 271.377 adopted September 13, 1991, effective 9/14/1991, 21 Pa.B. 4179. This section cited in 25 Pa. Code § 271.371 (relating to insurance requirement).