2002 Regular Session

SENATE BILL 605

File Code: Insurance - Other than Health Crossfiled with: HOUSE BILL 1002
Sponsored By:
Senator Kelley
Entitled:
Motor Vehicle Liability Insurance - Premium Increases - Consumer Information

Synopsis:

Requiring an insurer that provides a private passenger automobile insurance policy to provide information about policy premiums to a policyholder at specified times; prohibiting an insurer from requiring a particular payment plan for an insured based on the credit history of the insured; requiring an insurer that markets private passenger automobile insurance through insurance producers to make a copy of a specified statement available to its producers; requiring a notice of proposed adverse action to contain specified information; etc.

History by Legislative Date

Senate Action
2/1
First Reading Finance
2/6
Hearing 3/7 at 1:00 p.m.
4/8
Favorable with Amendments Report by Finance
4/6
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
House Action
No Action
Bill indexed under the following Subjects:
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
CREDIT
DISCLOSURE
INSURANCE ADMINISTRATION
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
MOTOR VEHICLE INSURANCE -see also- MD AUTO INSURANCE FUND
NOTICES
PENALTIES
PRICES -see also- CONSUMER PRICE INDEX
REPORTS
RULES AND REGULATIONS
Bill affects the following Statutes:
Insurance
( 11-317 , 27-501 , 27-605 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 117473/1 (PDF)     Offered on: April 8, 2002   at: 6:33 p.m.     Status: Adopted