2008 Regular Session

HOUSE BILL 688

File Code: Insurance - Other than Health
Sponsored By:
Delegate Simmons
Entitled:
Insurance - Medical Mutual Liability Insurance Society of Maryland - Surplus

Synopsis:

Altering the circumstances under which the Maryland Insurance Commissioner may determine that the surplus of the Medical Mutual Liability Insurance Society of Maryland is excessive and the action the Commissioner may take after making the determination; authorizing the Commissioner to determine that the Society's surplus is excessive if the total surplus is greater than specified risk-based capital requirements and if, after a hearing, the Commissioner determines that the surplus is unreasonably large; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
House Action
2/1
First Reading Economic Matters
2/6
Hearing 2/13 at 1:00 p.m.
3/4
Unfavorable Report by Economic Matters
Senate Action
No Action

Bill indexed under the following Subjects:

Hearings
Insurance Administration
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Medical Malpractice
Prices -see also- Consumer Price Index

Bill affects the following Statute:

Insurance
( 24-212 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered