Pennsylvania legislation · 2025-2026 Regular Session
Pennsylvania HB2854: An Act amending the act of May 17, 1921 (P.L.682, No.284), known as The Insurance Company Law of 1921, in fire and marine insurance, further providing for municipal certificate required prior to payment of fire loss claims.
Status: In committee, October 14, 2026
What the bill says
An act relating to insurance; amending, revising, and consolidating the law providing for the incorporation of insurance companies, and the regulation, supervision, and protection of home and foreign insurance companies, Lloyds associations, reciprocal and inter-insurance exchanges, and fire insurance rating bureaus, and the regulation and supervision of insurance carried by such companies, associations, and exchanges, including insurance carried by the State Workmen's Insurance Fund; providing penalties…
From the introduced text, October 14, 2026:
An act relating to insurance; amending, revising, and consolidating the law providing for the incorporation of insurance companies, and the regulation, supervision, and protection of home and foreign insurance companies, Lloyds associations, reciprocal and inter-insurance exchanges, and fire insurance rating bureaus, and the regulation and supervision of insurance carried by such companies, associations, and exchanges, including insurance carried by the State Workmen's Insurance Fund; providing penalties; and repealing existing laws," in fire and marine insurance, further providing for municipal certificate required prior to payment of fire loss claims. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: Section 1. Section 508 of the act of May 17, 1921 (P.L.682, No.284), known as The Insurance Company Law of 1921, is amended by adding a subsection to read: Section 508. Municipal Certificate Required Prior to Payment of Fire Loss Claims.--* * * (d.1) (1) Except as otherwise provided in this subsection, if, with respect to a loss of buildings or other structure to which subsection (c) of this section applies, the designated officer of the municipality fails to receive reasonable proof, no later than one hundred twenty (120) days after the proceeds are received by the municipality, that repairs, removal or securing of the buildings or other structure have been completed, the municipality shall use the proceeds to repair, …