SB0777 (CH0321)

2013 Regular Session



Insurance - Ceding Insurers and Reinsurance

Sponsored by:

Senator Pugh


Approved by the Governor - Chapter 321

Synopsis:Requiring that a domestic ceding insurer be allowed credit for reinsurance in specified manners under specified circumstances; providing for specified credit to be allowed under specified circumstances depending on the licensure or authorization status and accreditation status of the assuming insurer; establishing requirements and procedures for an assuming reinsurer to be accredited by the Maryland Insurance Commissioner; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senator Pugh
Additional Facts:Cross-filed with: HB1166
Bill File Type: Regular
Effective Date(s): June 1, 2013
Finance  Listen to Committee HearingEconomic Matters
Broad Subject(s):Insurance - Other than Health
Narrow Subject(s):Associations -see also- Cooperative Associations
Business Trusts
Inspections -see also- Motor Vehicle Inspection
Insurance Administration
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Liability -see also- Good Samaritan
Licenses -see also- Alcoholic Bev Lic; Drivers' Licenses
Records -see also- Land Records; Vital Records
Rules and Regulations
Statutes:Article - Insurance
(5-901 through 5-904, 5-903, 5-905, 5-906 through 5-916)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

October 24, 2017 1:10 P.M.