2010 Regular Session

SENATE BILL 642

File Code: Insurance - Other than Health
Sponsored By:
Senators Pugh, Jones, and Rosapepe
Entitled:
Insurance - Premium Finance Companies - Premium Finance Agreement Terms - Disclosure and Publication

Synopsis:

Requiring a premium finance company that offers premium financing to individuals who are insured under a policy of personal lines automobile insurance written through the Maryland Automobile Insurance Fund to disclose to the Maryland Insurance Commissioner specified rates, fees, and other terms and conditions applicable to the premium financing; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
2/5
First Reading Finance
2/24
Hearing 3/16 at 1:00 p.m.
House Action
No Action

Sponsored by:

Senator Catherine E. Pugh, District 40
Senator Verna L. Jones, District 44
Senator Jim Rosapepe, District 21

Bill indexed under the following Subjects:

Agents and Brokers
Consumer Protection -see also- Unfair Trade Practices
Contracts -see also- Land Installment Contracts; Procurement
Disclosure
Electronic Government
Fees -see also- Attys` Fees; Devt Fees & Taxes; Reimb Rates.
Finance Companies
Insurance Administration
Maryland Automobile Insurance Fund
Motor Vehicle Insurance -see also- MD Auto Insurance Fund
Prices -see also- Consumer Price Index
Public Information

Bill affects the following Statutes:

Insurance
( 20-101 , 20-507 , 23-311 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered