Surplus Lines Agents and Interested Parties; Export List of Insurance Coverages [42 Pa.B. 745]
[Saturday, February 4, 2012]In May 2011, the Insurance Commissioner (Commissioner) determined that certain insurance coverages were generally unavailable in the authorized market and declared those coverages as exportable. A list of exportable coverages was published at 41 Pa.B. 2400 (May 7, 2011). Accordingly, for those insurance coverages that are included on the export list, a diligent search among insurers admitted to do business in this Commonwealth is not required before placement of the coverages in the surplus lines market.
The Commissioner declared that the export list would remain in effect until revised or superseded by a subsequent list.
At this time, the Commissioner is soliciting comments regarding the current export list. Persons may request in writing that a coverage be added or removed from the list.
Persons wishing to comment on the Commissioner's current export list are invited to submit a written statement within 30 days from the date of publication of this notice in the Pennsylvania Bulletin. Each written statement must include sufficient detail and relevant facts to inform the Insurance Department of the exact basis of the statement. Written statements should be directed to Cressinda Bybee, Office of Corporate and Financial Regulation, Insurance Department, 1345 Strawberry Square, Harrisburg, PA, 17120, fax (717) 787-8557, cbybee@pa.gov. After consideration of all comments received, the Commissioner will publish a notice in the Pennsylvania Bulletin providing a 15-day opportunity to comment on any proposed changes before formal publication of the revised list.
MICHAEL F. CONSEDINE,
Insurance Commissioner[Pa.B. Doc. No. 12-213. Filed for public inspection February 3, 2012, 9:00 a.m.]
