2004 Regular Session

SENATE BILL 735

File Code: Insurance - Other than Health
Sponsored By:
Senator Stone
Entitled:
Motor Vehicle Liability Insurance - Valuation of Motor Vehicles - Disclosure

Synopsis:

Requiring that specified regulations require each insurer to file with the Insurance Commissioner the condition inspection guidelines that the insurer uses in the settlement of claims involving a determination of the total loss of a private passenger motor vehicle; requiring the regulations to require an insurer to disclose to a claimant specified guidelines and valuation concerning a claim involving the total loss of a vehicle; etc.

History by Legislative Date

Senate Action
2/6
First Reading Finance
2/27
Hearing 3/16 at 1:00 p.m.
3/19
Unfavorable Report by Finance
House Action
No Action
Bill indexed under the following Subjects:
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
DISCLOSURE
INSPECTIONS -see also- MOTOR VEHICLE INSPECTION
INSURANCE ADMINISTRATION
MOTOR VEHICLES -see also- ABANDONED; AMBULANCES; BUSES; etc.
MOTOR VEHICLE INSURANCE -see also- MD AUTO INSURANCE FUND
RULES AND REGULATIONS
Bill affects the following Statute:
Insurance
( 27-304.1 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered