31 Pa. Code § 67a.1

Current through Register Vol. 54, No. 45, November 9, 2024
Section 67a.1 - Definitions

The following words and terms, when used in this chapter, have the following meaning unless the context clearly indicates otherwise:

Assigned Risk Plan-As defined in 75 Pa.C.S. § 1702 (relating to definitions).

Department-The Insurance Department of the Commonwealth.

Producer-An agent or broker, certified or licensed, by the Insurance Department to conduct business and certified by the Assigned Risk Plan.

Producer of record-The agent or broker, certified or licensed, by the Department to conduct business, certified by the Assigned Risk Plan and whose signature appears on the application for insurance.

Voluntary market-The ordinary market where a person obtains insurance without the assistance from government and through an insurer of the consumer's own selection.

31 Pa. Code § 67a.1