1524 Per diem charges for financial examinations conducted by the Insurance Department; revised notice 2014-06  

  • INSURANCE DEPARTMENT

    Per Diem Charges for Financial Examinations Conducted by the Insurance Department; Revised Notice 2014-06

    [44 Pa.B. 4627]
    [Saturday, July 19, 2014]

     (Editor's Note: This Revised Notice 2014-06 replaces the notice published at 44 Pa.B. 3661 (June 14, 2014).)

     Under the authority in section 907 of The Insurance Department Act of 1921 (40 P. S. § 323.7) and under 31 Pa. Code § 12.4 (relating to per diem charges), an updated schedule of per diem charges for financial examinations conducted by the Insurance Department (Department) is hereby adopted.

     The new schedule of charges is as follows:

    Examiner Trainee $465 per day
    Actuarial Associate 1 $465 per day
    Actuary 2 $974 per day
    Examiner 1 $595 per day
    Examiner 2 $687 per day
    Examiner 3 $768 per day
    Examination Manager Insurance  Company $797 per day
    Information Systems Examiner Insurance  Company $674 per day
    Information Systems Administrator $621 per day

     As prescribed in 31 Pa. Code § 12.4(c), the Department will calculate and bill per diem charges for financial examination costs in 1/2-hour units.

     This schedule is effective July 1, 2014.

     This document supersedes the notice published at 43 Pa.B. 3315 (June 15, 2013) and shall remain in effect until a subsequent notice is published in the Pennsylvania Bulletin.

    MICHAEL F. CONSEDINE, 
    Insurance Commissioner

    [Pa.B. Doc. No. 14-1524. Filed for public inspection July 18, 2014, 9:00 a.m.]

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