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40 Pa.C.S. § 3908

Penalties

Pennsylvania · Pennsylvania Consolidated Statutes Title 40 — INSURANCE · Status: effective

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40 Pa.C.S. § 3908, Penalties, Pennsylvania, version 1 as recorded 2026-09-27, yourstate.us, https://yourstate.us/provision/1386089
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An insurer or insurance group that fails to timely file a CGAD as required under this chapter or by regulation shall be required, after notice and hearing, to pay a penalty of $200 for each day's delay. The maximum penalty under this section shall be $25,000 per year.