Pennsylvania joined three other East Coast states telling insurers they cannot impose hurricane deductibles for losses suffered from Superstorm Sandy.
The merger of the Pennsylvania Department of Banking and the Pennsylvania Securities Commission became effective Monday.
Banking secretary creates Office of Client Financial Services to gather information, seek advice on business trends and concerns.
Following tradition, Pennsylvania Gov.-Elect Tom Corbett has picked a banker to be the state's top regulator of banks and credit unions.
Pennsylvania Gov.-elect Tom Corbett has selected Richard Stipa, CEO of TruMark Financial Credit Union, to serve on his transition team.