Current through Register Vol. 54, No. 24, June 15, 2024
Section 112.4 - Writing of policies(a) Policies may be written single interest or dual interest.(b) No policy shall be written as excess insurance. Policies insuring specific items of purchase or items pledged as collateral shall be primary insurance.(c) Policies of insurance shall not be used without the prior approval of the Commissioner.(d) There shall be no minimum premium charged.The provisions of this § 112.4 amended November 22, 1974, 4 Pa.B. 2419.