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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A purchasing group and its insurer or insurers shall be subject to all applicable laws of this Commonwealth, except that the purchasing group and its insurer or insurers shall be exempt, in regard to liability insurance for the purchasing group, from any law that would do any of the following:
(1) Prohibit the establishment of a purchasing group.
(2) Make it unlawful for an insurer to provide or offer to provide insurance on a basis providing, to a purchasing group or its members, advantages, based on their loss and expense experience, not afforded to other persons with respect to rates, policy forms, coverages or other matters.
(3) Prohibit a purchasing group or its members from purchasing insurance on a group basis described in paragraph (2).
(4) Prohibit a purchasing group from obtaining insurance on a group basis because the group has not been in existence for a minimum period of time or because any member has not belonged to the group for a minimum period of time.
(5) Require that a purchasing group must have a minimum number of members, common ownership or affiliation or a certain legal form.
(6) Require that a certain percentage of a purchasing group must obtain insurance on a group basis.
(7) Otherwise discriminate against a purchasing group or any of its members.
(b) An insurer shall be exempt from any laws of this Commonwealth which prohibits providing or offering to provide, to a purchasing group or its members, advantages, based on their loss and expense experience, not afforded to other persons with respect to rates, policy forms, coverages or other matters.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 40 P.S. Insurance § 991.1508. Exemption - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-40-ps-insurance/pa-st-sect-40-991-1508/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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