- Insurance - Credit for Reinsurance Model Law - Revisions
- Sponsored by
- Senator Kelley
- In the Senate - Hearing 2/12 at 1:00 p.m.
Authorizing the Maryland Insurance Commissioner to defer to, rather than use information provided by, the insurance regulatory agency of a state or the National Association of Insurance Commissioners committee process in the certification or rating of an assuming insurer under certain circumstances; requiring that certain credit be allowed when certain reinsurance is ceded to certain assuming insurers that have their head offices or are domiciled in and licensed in a reciprocal jurisdiction; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2020
Last Updated: 1/19/2020 9:41 AM