NEWS

Late Policy Fines Take Effect July 1 Under PCRB’s PDQAP

06/16/2025

The Pennsylvania Compensation Rating Bureau (PCRB) reminds members that enforcement of late policy fines begins July 1, 2025, as part of Phase 1 of the Policy Data Quality Assurance Program (PDQAP). Carriers submitting new or renewal policies 36 days or more after the effective date will incur fines ranging from $50 to $2,000. Detailed in previous circulars, this initiative promotes timely, accurate reporting. PCRB encourages carriers to review procedures, use available tools, and ensure readiness to avoid penalties. Questions may be directed to pdminquiry@pcrb.com.

Please read complete details in Circular No. 1831.