SB0950

2013 Regular Session

 

Entitled:

Personal Automobile Insurance - Rescission of Policy or Binder - Misrepresentations by Applicant

Sponsored by:

Senator Mathias

Status:

In the Senate - Hearing 3/19 at 1:00 p.m.


Synopsis:Authorizing an insurer to rescind a policy or binder of personal automobile insurance if an applicant makes specified misrepresentations; requiring the insurer to provide specified notice to an applicant that insurance coverage may be rescinded under specified circumstances; requiring an insurer to take specified actions before rescinding insurance coverage; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senator Mathias
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2013
Committee(s):
Finance  Listen to Committee Hearing
Broad Subject(s):Insurance - Other than Health
Narrow Subject(s):Fraud -see also- Forgery
Investigations and Inquiries -see also- Crim Bckgrnd Invest
Motor Vehicle Insurance -see also- MD Auto Insurance Fund
Notices
Statutes:Article - Insurance
(12-106)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 24, 2017 1:10 P.M.