1997 Regular Session

SENATE BILL 192

File Code: Insurance - Liability and Miscellaneous
Sponsored By:
Senators Della, Stone, and Hollinger
Entitled:
Competitive Rating - Private Passenger Motor Vehicle and Homeowners Insurance - Repeal

Synopsis:

Repealing competitive rating for private passenger motor vehicle insurance and homeowners insurance; clarifying that the competitive rating applies to workers' compensation insurance and employer's liability insurance; repealing a basis on which the Insurance Commissioner may disapprove rates without determining whether a reasonable degree of competition exists; and generally relating to competitive rating for establishing rates for specified types of insurance.

Legislative History

Senate Action
1/17
First Reading Finance
1/24
Hearing 2/11 at 1:00 p.m.
2/20
Unfavorable Report by Finance
House Action
No Action
Sponsored by:
Senator George W. Della, Jr., District 47
Senator Paula Colodny Hollinger, District 11
Senator Norman R. Stone, Jr., District 7
Bill indexed under the following Subjects:
INSURANCE ADMINISTRATION
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
LIABILITY -see also- GOOD SAMARITAN
MOTOR VEHICLE INSURANCE -see also- MD AUTO INSURANCE FUND
PRICES
WORKERS' COMPENSATION
Bill affects the following Statutes:
Insurance
( 11-303 , 11-306 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)