IRRC will consider five regulations at its June 20th meeting.  To ensure an orderly meeting and thorough consideration of all public input, we kindly ask all speakers to sign up in advance and submit a written copy of their remarks by 10:00 a.m. on Tuesday, June 18th (48 hours prior to the meeting). If any speaker has not yet registered or submitted their remarks, please do so as soon as possible.  We will first provide an opportunity to speak, as time allows, to those who have pre-registered and submitted advance copies of their remarks. If time remains, other attendees will have an opportunity.  Requests to speak/written statements can be sent to irrc@irrc.state.pa.us 

Remarks are limited to three minutes.  If an organization has multiple speakers, they are asked to allocate their time accordingly, keeping in mind that written comments will have already been provided to our Commissioners.  Additional meeting guidelines can be found here: http://www.irrc.state.pa.us/meetings/#Guidelines 

Visitors must show ID and sign in at the lobby. 

Please consider watching the meeting online if you are not planning to speak.  The meeting will stream from this link: https://pacast.com/live/irrc

Additional information can be found on our meeting agenda: https://www.irrc.state.pa.us/documents/uploads/meetings/06-20-2024_Agenda.pdf


Regulation #11-135: Requirements for Funds Held as Security for the Payment of Obligations of Unlicensed, Unqualified Reinsurers

Adds Chapter 163 which establishes minimum requirements for trust agreements, letters of credit and other forms of security for reinsurance ceded to unlicensed, unqualified reinsurers.

Regulation Details
IRRC Number 1712 Proposed Regulation Received February 27, 1996
Agency Name Insurance Department PA Bulletin Publish Date March 09, 1996
Regulation Status Final-Form Close of Public Comment April 08, 1996
PA Code 31 Pa. Code Chapter 163 Final Due By
Analysts Assigned Fiona E. Wilmarth  (FEW)
IRRC Comments Due May 08, 1996
Final-Form Regulation Received November 04, 1996
Public Meeting Date November 21, 1996
Published as Final January 18, 1997
Actions Taken
IRRC Approval November 21, 1996
House Committee Deems Regulation Approved November 20, 1996
Senate Committee Deems Regulation Approved November 20, 1996

  • Proposed Regulation
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In addition to comments, IRRC occasionally receives other correspondence and written materials from state agencies and the legislature regarding pending regulations. These documents can be found on this portion of our website.

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