40 Pa. Stat. § 940
Current through Pa Acts 2024-53, 2024-56 through 2024-111
No association of underwriters, authorized to do business in this Commonwealth under the terms hereof, shall expose themselves to loss on any one risk to an amount in excess of one-fifth of their cash and invested assets, including therein the underwriting liability of the individual underwriters, unless any excess shall be promptly reinsured by said underwriters.
40 P.S. § 940