SENATE BILL 855

File Code: Insurance - Liability and Miscellaneous

Sponsored By:

Senators Conway, Young, McFadden, Hughes, and Kelley

Entitled:

Automobile Insurance - Rate Making Principles - Geographic Terms and Credit History

Synopsis:

Prohibiting an insurer under an automobile insurance policy from expressing any underlying risk consideration in geographic terms or using any rating territory smaller than the entire State; and prohibiting an insurer under an automobile insurance policy from considering the credit history of an insured when reclassifying an insured in a classification that entails a higher premium.

Legislative History

Senate Action

2/20

First Reading Senate Rules

2/26

Re-referred Finance

3/5

Hearing 3/11 at 1:00 p.m.

3/13

Unfavorable Report by Finance

House Action

No Action

Sponsored by:

Senator Joan Carter Conway, District 43

Senator Ralph M. Hughes, District 40

Senator Delores G. Kelley, District 10

Senator Nathaniel J. McFadden, District 45

Senator Larry Young, District 44

Bill indexed under the following Subjects:

CONSUMER PROTECTION -see also- ADVTG.; LABELING; WARRANTIES.

CREDIT

MOTOR VEHICLE INSURANCE -see also- MD AUTO INSURANCE FUND

PRICES

Bill affects the following Statutes:

Insurance

( 11-205 , 11-215 , 11-306 , 11-318 )

Documents:

Bill Text:

First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)