§ 160.1. Purpose.

 This chapter sets forth the standards which the Commissioner may use for identifying insurers found to be in a condition that renders the continuance of their business financially hazardous to the general public, holders of their policies or certificates of insurance, or creditors.

Authority

   The provisions of this §  160.1 amended under sections 206, 506, 1501 and 1502 of The Administrative Code of 1929 (71 P.S. § §  66, 186, 411 and 412); sections 5.1 and 10 of the Health Maintenance Organization Act (40 P.S. § §  1555.1 and 1560); and sections 2456 and 2457 of The Insurance Company Law of 1921 (40 P.S. § §  991.2456 and 991.2457).

Source

   The provisions of this §  160.1 amended November 19, 2010, effective November 20, 2010, 40 Pa.B. 6661. Immediately preceding text appears at serial page (249807).

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