GroundRules
40 Pa.C.S. § 3908: Penalties.
Where this section sits in the code
- Title 40 - INSURANCE
- PART II REGULATION OF INSURERS AND RELATED PERSONS GENERALLY
- CHAPTER 39 CORPORATE GOVERNANCE ANNUAL DISCLOSURE
An insurer or insurance group that fails to timely file a CGAD as required under this chapter or by regulation shall be required, after notice and hearing, to pay a penalty of $200 for each day's delay. The maximum penalty under this section shall be $25,000 per year.
Collected 2026-09-02T16:33:08Z. Source file · JSON