PCRB Announces Late Reported Policy Timeliness Initiative and Fining Structure
The Pennsylvania Compensation Rating Bureau (PCRB) has announced the implementation of Phase 1 of its 2025 Policy Data Quality Assurance Program (PDQAP), -- the Late Reported Policy Timeliness Initiative -- aimed at improving policy data submission compliance. Effective July 1, 2025, insurers must submit policy data within 30 days of a policy’s effective date or face fines.
Read Entry02/14/2025