PA | The Pennsylvania Department of Insurance has issued Notice 2022-01.
Insurers writing private passenger automobile insurance in this Commonwealth may not, by law, penalize their policyholders (for example, apply rate surcharges or otherwise increase premiums) whose aggregate claim cost over a 3-year period does not exceed a certain threshold (cap). This threshold (cap) applies to any person injured or property damaged and is measured in excess of any deductible or self-insured retention. Effective July 1, 2022, the Insurance Department (Department) has increased the threshold (cap) to $1,900.