- Title
- Insurance - Credit for Reinsurance Model Law - Revisions
- Sponsored by
- Chair, Finance Committee (By Request - Departmental - Maryland Insurance Administration)
- Status
- In the Senate - Hearing 1/19 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Authorizing the Maryland Insurance Commissioner to adopt certain rules and regulations applicable to certain reinsurance arrangements; limiting the application of the rules and regulations to certain reinsurance; providing that the rules and regulations may require a certain insurer to use the manual adopted by the National Association of Insurance Commissioners for a certain purpose; and prohibiting the regulations from applying to certain cessions to certain assuming insurers.
Committees
- Original:
- Finance
Details
Bill File Type: Pre-Filed
Effective Date(s): October 1, 2021
By Request of the Governor
Statutes
Last Updated: 1/14/2021 11:35 AM