Statutes, codes, and regulations
Pennsylvania Code (Rules and Regulations)
Title 31 - INSURANCEPart VII - Property, Fire and Casualty Insurance
Chapter 118 - DISCOUNTING OF MEDICAL MALPRACTICE LOSS RESERVES
Section 118.6 - Increased loss reserves and loss adjustment expense reserves

31 Pa. Code § 118.6

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Current through Register Vol. 54, No. 24, June 15, 2024
Section 118.6 - Increased loss reserves and loss adjustment expense reserves

Under section 316 of the act (40 P. S. § 115), the Commissioner may require an insurance company to restate its loss reserves or its allocated loss adjustment expense reserves by reducing or eliminating the discount if the Commissioner determines it is necessary to insure that reserves are established at an adequate level.

31 Pa. Code § 118.6

The provisions of this § 118.6 amended June 15, 2001, effective 6/16/2001, 31 Pa.B. 3190.