SB0962

2013 Regular Session

 

Entitled:

Chesapeake Employers' Insurance Company - Rate Regulation

Sponsored by:

Senator Klausmeier

Status:

In the Senate - First Reading Senate Rules


Synopsis:Subjecting the Chesapeake Employers' Insurance Company to rate regulation under a specified competitive rating law; requiring the Company, the Maryland Insurance Administration, and a specified rating organization jointly to develop a plan that transitions the Company to be a fully affiliated member of a specified rating organization beginning January 1, 2019; specifying elements to be included in the plan; providing for a delayed effective date for portions of the Act; etc.
Analysis:Not available at this time
All Sponsors:Senator Klausmeier
Additional Facts:Cross-filed with: HB1438
Bill File Type: Regular
Effective Date(s): October 1, 2013, January 1, 2019
Committee(s):
Rules
Broad Subject(s):Workers' Compensation
Insurance - Other than Health
Narrow Subject(s):Insurance Administration
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Prices -see also- Consumer Price Index
Public Corporations and Instrumentalities
Reports
Workers' Compensation
Statutes:Article - Insurance
(11-303, 24-305)

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October 24, 2017 1:10 P.M.