Pennsylvania Issues Bulletin Regarding the Reporting of Personal & Commercial Lines Service Fees and Revised 1620 Monthly Report

PA | On July 8, 2024, Act 45 of 2024 was signed into law by Governor Josh Shapiro. Please note that Act 45 does not change the existing prohibition on charging an application fee for any personal lines policy or commercial lines policy, as provided in 40 P.S. Section 310.74, or a licensee’s duty to comply with other Commonwealth insurance laws and regulations relating to fees in other contexts. Continue reading