Pennsylvania § 3906 - Third-party consultants.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 3906 — Third-party consultants., with citation guidance and answers to common questions.
§ 3906. Third-party consultants.
(a) Assistance with review.--The department may retain, at the insurer or insurance group's expense, third-party consultants, including attorneys, actuaries, accountants and other experts not otherwise a part of the department's staff as may be reasonably necessary to assist the department in reviewing the CGAD, CGAD-related information or the insurer's or insurance group's compliance with this chapter. Before retaining a third-party consultant, the department shall consider all of the following:
(1) The complexity of the corporate governance structure of the insurer or insurance group.
(2) Whether subject matter expertise to effectively review the report is available within the department.
(b) Advisory capacity.--A person retained under subsection (a) shall be under the direction and control of the department and shall act in a purely advisory capacity.
(c) Confidentiality.--Each third-party consultant shall be subject to the same confidentiality standards and requirements as the department.
(d) Verification.--As part of the retention process, a third-party consultant shall verify to the department, with notice to the insurer or insurance group, that it:
(1) is free of a conflict of interest;
(2) will comply with the confidentiality standards and requirements of this chapter; and
(3) has internal procedures in place to monitor compliance with this section.
(e) Written consent.--A retention agreement with a third-party consultant shall expressly require the written consent of the insurer or insurance group prior to making information provided under this chapter public.
Cross References. Section 3906 is referred to in section 3907 of this title.
Frequently Asked Questions About Pennsylvania § 3906
What does Pennsylvania Consolidated Statutes § 3906 cover?
Section 3906 ("Third-party consultants.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Pennsylvania § 3906?
A common citation format is "Pennsylvania Consolidated Statutes § 3906" (Pennsylvania). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 3906 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Pennsylvania.