Section 113.87. Return of unearned premiums

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An insurer is responsible for the return of unearned premium to the named insured within the time period required by the act. An insurer may authorize its agents to return unearned premium to the named insured. The insurer is responsible for the agent’s failure to return unearned premium to the named insured as required by the act.

The provisions of this § 113.87 amended March 27, 1998, effective March 28, 1998, 28 Pa.B. 1518. Immediately preceding text appears at serial page (231814).

                    
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