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2017 Regular Session



Long-Term Care Insurance - Sale or Transfer of Book of Business

Sponsored by:

Senator Kelley


In the Senate - Hearing 3/30 at 1:00 p.m.

Synopsis:Requiring specified carriers that issue, deliver, or offer policies, contracts, or certificates of long-term care insurance in the State and sell or otherwise transfer their books of business to another carrier to, at least 14 days before the sale or transfer, provide specified written notice to each insured and provide a specified database to the Maryland Insurance Commissioner.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Kelley and Middleton
Additional Facts:Bill is an Emergency Bill
Bill File Type: Regular
Effective Date(s): Upon Enactment
Finance  View Committee Hearing
Broad Subject(s):Insurance - Other than Health
Narrow Subject(s):Committees and Commissions -see also- Political Committees
Contracts -see also- Land Installment Contracts; Procurement
Data -see also- Census; Demographics
Electronic Communication -see also- Comm; Elec.Gov; Lang; Te
Emergency Bills
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Long-Term Care -see also- Continuing Care; Nursing Homes
Statutes:Article - Insurance

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November 28, 2017 1:14 P.M.