§ 106-1. Requirements for payment of claim.

No insurance company, association or exchange (hereinafter the "insurer") doing business in the Commonwealth of Pennsylvania shall pay a claim of a named insured for fire damage to a structure located within the Township where the amount recoverable for the fire loss to the structure under all policies exceeds $7,500 unless the insurer is furnished by the Township's Treasurer with a certificate pursuant to § 508(b) of the Act and unless there is compliance with the procedure set forth in § 508(c) and (d) of the Act. [Note: The Insurance Company Law of 1921, as amended by Act 98 of 1992 and Act 93 of 1994. See 40 P.S. § 638.]