HOUSE BILL 1374

File Code: Insurance - Other than Health

Sponsored By:

Delegate Owings

Entitled:

Insurance Policies - Cancellations, Nonrenewals, Premium Increases, and Reductions in Coverage - Corrected Notice of Proposed Action

Synopsis:

Authorizing an insurer to take a proposed action to cancel or nonrenew insurance policies after reissuing a corrected notice of proposed action in a specified manner at least 45 days before the proposed action; and authorizing an insurer to take a proposed action to cancel, nonrenew, increase the premium for, or reduce coverage under a policy of motor vehicle liability insurance after reissuing a corrected notice of proposed action in a specified manner at least 45 days before the proposed action.

History by Legislative Date

House Action

2/22

First Reading House Rules and Executive Nominations

3/5

Re-referred Economic Matters

3/7

Hearing 3/14 at 1:00 p.m.

3/20

Withdrawn

Senate Action

No Action

Bill indexed under the following Subjects:

CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES

INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS

MOTOR VEHICLE INSURANCE -see also- MD AUTO INSURANCE FUND

NOTICES

Bill affects the following Statutes:

Insurance

( 27-602 , 27-605 , 27-605 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered