1997 Regular Session

SENATE BILL 216

File Code: Insurance - Liability and Miscellaneous
Sponsored By:
Senators Pinsky, Stone, Lawlah, Ruben, Kelley, Frosh, McFadden, Sfikas, Van Hollen, Teitelbaum, and Forehand
Entitled:
Property and Casualty Insurance - Personal Lines - Rate Making

Synopsis:

Requiring the Maryland Insurance Commissioner to review under the prior approval system all rates in personal lines property and casualty insurance that were in effect between July 1, 1995 and September 30, 1997 under the competitive rating system; requiring the Commissioner to order a personal lines property and casualty insurer to refund the excessive portions of premiums collected under specified circumstances; repealing competitive rating for private passenger motor vehicle insurance and homeowner's insurance; etc.

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 Paul G. Pinsky, District 22
Senator Jennie M. Forehand, District 17
Senator Brian E. Frosh, District 16
Senator Delores G. Kelley, District 10
Senator Gloria Gary Lawlah, District 26
Senator Nathaniel J. McFadden, District 45
Senator Ida G. Ruben, District 20
Senator Perry Sfikas, District 46
Senator Norman R. Stone, Jr., District 7
Senator Leonard H. Teitelbaum, District 19
Senator Christopher Van Hollen, Jr., District 18
Bill indexed under the following Subjects:
INSURANCE ADMINISTRATION
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
INTEREST
MOTOR VEHICLE INSURANCE -see also- MD AUTO INSURANCE FUND
PRICES
Bill affects the following Statutes:
Insurance
( 11-216 , 11-303 , 27-908 )

Documents:

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