Prohibition against avoidance.

An insurer that has covered policies subject to this chapter as set forth in § 90j.4 (relating to applicability), may not take any action or series of actions, or enter into any transaction or arrangement, or series of transactions or arrangements, if the purpose of the action, transaction or arrangement or series thereof, is to avoid the requirements of this chapter, or to circumvent the purpose and intent of this chapter as set forth in § 90j.3 (relating to purpose).