Per Diem Charges for Market Conduct Examinations of Insurance Companies; Notice No. 2012-05 [42 Pa.B. 3841]
[Saturday, June 30, 2012]Each year, the Insurance Department (Department) updates its schedule of per diem charges for market conduct examinations conducted by the Department. These charges are authorized by section 907 of The Insurance Department Act of 1921 (40 P. S. § 323.7) and 31 Pa. Code § 12.4 (relating to per diem charges).
The new schedule of charges is as follows:
Examiner 1 $ 525 per day Examiner 2 $ 600 per day Examiner Manager $ 750 per day As prescribed in 31 Pa Code § 12.4(c), the Department will calculate and bill per diem charges for examination costs in 1/2-hour units.
This schedule is effective July 1, 2012.
This notice supersedes the schedule of per diem charges published at 41 Pa.B. 3311 (June 25, 2011), which prior notice is hereby repealed. These new charges shall remain in effect until a subsequent notice is published in the Pennsylvania Bulletin.
MICHAEL F. CONSEDINE,
Insurance Commissioner[Pa.B. Doc. No. 12-1242. Filed for public inspection June 29, 2012, 9:00 a.m.]
