United States: Recent Amendments To The Pennsylvania Insurance Holding Company Act Changes Affecting Corporate Governance And Intercompany Transactions And Agreements - Cozen O'Connor

Pennsylvania’s Insurance Holding Company Act (IHCA) was recently amended by Act 136, which was signed into law on July 5, 2012. Act 136 makes a number of changes to the IHCA, including imposing new corporate governance requirements and processes and expanding the Pennsylvania Insurance Department’s authority to examine affiliates of an insurer.

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