INDEPENDENT REGULATORY REVIEW COMMISSION Action Taken by the Commission [36 Pa.B. 4411]
[Saturday, August 5, 2006]The Independent Regulatory Review Commission met publicly at 10:30 a.m., Thursday, July 20, 2006, and announced the following:
Regulation Approved
Insurance Department #11-233: Advances Made to Companies (Other Than Mutual Life) (amends 31 Pa. Code Chapter 105)
____ Approval Order Public Meeting
held July 20, 2006Commissioners Voting: Alvin C. Bush, Chairperson; Arthur Coccodrilli; David J. DeVries, Esq.; John F. Mizner, Esq., by phone
Insurance Department--Advances Made to Companies (Other Than Mutual Life); Regulation No. 11-233 On June 15, 2006, the Independent Regulatory Review Commission (Commission) received this regulation from the Insurance Department. This rulemaking amends 31 Pa. Code Chapter 105. Notice of proposed rulemaking was omitted for this regulation. It will become effective upon publication in the Pennsylvania Bulletin.
This final-omitted regulation deletes Chapter 105 of the Department's existing regulations due to the passage of Act 216 of 2004.
We have determined this regulation is consistent with the statutory authority of the Insurance Department 71 P. S. § 186 and 40 P. S. §§ 443 and 445.2 and the intention of the General Assembly. Having considered all of the other criteria of the Regulatory Review Act, we find promulgation of this regulation is in the public interest.
By Order of the Commission:
This regulation is approved.
ALVIN C. BUSH,
Chairperson[Pa.B. Doc. No. 06-1519. Filed for public inspection August 4, 2006, 9:00 a.m.]
