The purposes of this article are to:
(1) Protect policyholders and the public from excessive, inadequate or discriminatory rates.(2) Promote price competition and improve the availability and reliability of insurance.(3) Encourage efficient and economical marketing practices.(4) Ensure availability of price and related information to consumers.(5) This article shall supercede section 354 to the extent that section 354 is to the contrary.1921, May 17, P.L. 682, No. 284, art. V-A, § 502-A, added 1998, Dec. 21, P.L. 1108, No. 150, § 3, effective in 60 days.