Current through Register Vol. 54, No. 52, December 28, 2024
Section 37a.17 - [Effective 2/12/2025] Revocation, suspension or nonrenewal of licenses(a) The department may revoke, suspend or refuse to renew a license upon finding that an insurance producer has engaged in conduct which would disqualify the insurance producer from initial issuance of a license. This conduct includes the indicated bases for initial denial of a license provided in § 37a.16 (relating to standards for denial of license and enforcement actions).(b) Hearings related to the revocation, suspension or nonrenewal of a license will be held in accordance with 1 Pa. Code Part II (relating to General Rules of Administrative Practice and Procedure).(c) Notice of a formal hearing under 1 Pa. Code § 35.14 (relating to orders to show cause) sent to the address on file of the insurance producer shall constitute formal legal notice to the insurance producer.Adopted by Pennsylvania Bulletin, Vol 54, No. 50. December 14, 2024, effective 2/12/2025