71 Pa. Stat. § 240.12A

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 240.12A - Insurance Department (Adm. Code Section 612-A)

The Insurance Department is authorized to charge fees for the following purposes and in the following amounts:

(1) Insurance companies, associations or exchanges
(i) Valuation of life insurance policies based on a per thousand dollar value of such insurance $.01 with
a minimum
charge of
$15.00
(ii) Filing copy of charter or amendment of a domestic, foreign or alien company, association or exchange 300.00
(iii) Filing annual statement or other statement of a domestic, foreign or alien company, association or exchange 750.00
(iv) License fee for a domestic, foreign or alien company, association or exchange or any duplicate license 100.00
(v) License for a rating organization 50.00
(vi) Examination of a domestic, foreign and alien company Expense of
examination
(vii) Filing and review of merger agreements of domestic, foreign and alien companies 400.00
(viii) Filing and review of conversion plan from mutual company to stock company 2,500.00
(ix) Filing and review of conversion plan from stock company to mutual company 2,500.00
(x) Filing and review of proposed exchange of shares of stock 600.00
(xi) Filing and review of material in connection with a proposed acquisition or offer to acquire capital stock of a domestic insurance company or insurance holding company 2,500.00
(xii) Filing and review of registration statement by an insurance member of an insurance holding company 400.00
(xiii) For each amendment to such registration statement 200.00
(xiv) Issuance of a certificate of compliance, deposit or surety 20.00
(xv) Any other certificate issued by the department 20.00
(xvi) Filing and review of qualifications of an insurer to issue variable annuities 400.00
(xvii) Certification of each copy of any paper filed with department 20.00
plus .20
per page
(xviii) Copy of any paper filed with department on a per/page basis .25
(xix) Copy of annual statement pages 2.00
(xx) Domestic company license application 2,500.00
(xxi) Foreign/alien license application 2,500.00
(xxii) Qualification of insurer to issue variable life contracts 400.00
(xxiii) Return of increase or decrease or stated capital 200.00
(xxiv) Reinsurance and assumption agreement 300.00
(xxv) Request to pay extraordinary dividends 200.00
(xxvi) Surplus line binding authority agreement 200.00
(xxvii) Duplicate of agency or broker record 20.00
(2) Agents and brokers:
(i) Each listing for written examination of applicants for licenses as agents, brokers, public adjusters or public adjuster solicitors 10.00
(ii) For license of an applicant qualified through prior examination 5.00
(iii) For agent's license 10.00
(iv) For annual renewal of agent's license or for a replacement or duplicate of such license 10.00
(v) For each additional variable annuity power in an agent's license on a per annuity basis 5.00
(vi) Individual insurance broker license 20.00
(vii) Insurance broker license in the name of a corporation or copartnership 25.00
(viii) For each broker's license issued in the name of qualified individual active members or officers of a copartnership or corporation on a per license basis 25.00
(ix) For certification of an agent or broker license 10.00
(x) Surplus line agent:
(A)Initial license100.00
(B)Annual renewal100.00
(C)Annual certificate of eligibility10.00
(D)Examination fee10.00
(3) Fraternal benefit societies:
(i) Filing copy of charter of a domestic, foreign or alien society, in addition to any fee for filing such charter with the Department of State 70.00
(ii) The filing of an annual or other statement 750.00
(iii) License to society or certified copy or duplicate thereof 80.00
(iv) Each listing for written examination of an applicant for license as an agent 10.00
(v) Each applicant for such licenses for which an examination is not required 5.00
(vi) Agent's license for each domestic or foreign society, for life or accident and health lines, or any combination thereof, regardless of the number of powers, excepting variable annuities for which licensed 10.00
(vii) Copy of any paper filed in the department 10.00
per page .25
(viii) Any certificate required 10.00
(ix) Making examinations Expense of
examination
(x) Filing and reviewing agreements of merger of domestic, foreign and alien societies 400.00
(xi) Filing and review of a plan of conversion from a fraternal benefit society to a mutual company and for filing each amendment to registration statement 400.00
(xii) For issuing a certificate of compliance, deposit or surety or any other certificate required to be issued by the department 20.00
(xiii) Filing and review of qualification of a society to issue variable annuities 400.00
(xiv) Certificate of an agent's license or for duplicate or replacement licenses 10.00
(xv) Any other certificate issued by the division of agents 10.00
(xvi) Each renewal of license as an individual agent 10.00
(xvii) Each additional variable annuity power in such license 5.00
(4) License and annual renewal for manager or exclusive general agent for domestic insurance company 400.00
(5) Motor vehicle physical damage appraiser:
(i) Initial license 55.00
(ii) Annual renewal 55.00
(6) Professional bondsman license:
(i) Initial license 100.00
(ii) Annual renewal 100.00
(7) Public adjustors and solicitors for companies
(i) Public adjustor:
(A)Initial license100.00
(B)Annual renewal100.00
(ii) Public adjustor solicitor:
(A)Initial license50.00
(B)Annual renewal50.00
(8) Workmen's Compensation Security Fund assessment:
(i) Stock company, mutual carrier and reciprocal exchange 1% of annual
net written
premiums
(9) Annual company appointment fee as defined and regulated by section 671-A act of May 17, 1921 (P.L. 789, No. 285), known as "The Insurance Department Act of 1921" 15.00
(10) Insurance producer license fees:
(i) Amended license 25.00
(ii) Certified license history 25.00
(iii) Duplicate license 25.00

71 P.S. § 240.12A

1929, April 9, P.L. 177, art. VI-A, § 612-A, added 1981, July 1, P.L. 143, No. 48, § 1, imd. effective. Amended 1990, July 1, P.L. 277, No. 67, § 6, imd. effective; 2003, Dec. 23, P.L. 282, No. 47, § 5, imd. effective; 2006, July 7, P.L. 351, No. 74, § 1, imd. effective.