Legislation

Title: Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters
Sponsored by: Chair, Economic Matters Committee (By Request - Departmental - Maryland Insurance Administration)
Status: Approved by the Governor - Chapter 119
Analysis: Fiscal and Policy Note

Synopsis

Altering the maximum civil penalty to which an unauthorized insurer or person that violates certain provisions of State insurance law is subject for each violation; and altering the maximum civil penalty that the Maryland Insurance Commissioner may impose, in addition to suspending or revoking the license, on the holder of an insurance producer license or a public adjuster licensee for each violation of State insurance law.

Committees

Original:: Economic Matters Click to view Recorded Media

Opposite:: Finance

Committee Testimony

Witness List

Details

Cross-filed with: SB0229

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2024

By Request of the Governor

History

Legislation History
Chamber House Calendar Date 9/15/2023 Legislative Date 9/15/2023 Action Pre-filed Proceedings
Chamber House Calendar Date 1/10/2024 Legislative Date 1/10/2024 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters Proceedings
Chamber House Calendar Date 1/11/2024 Legislative Date 1/11/2024 Action Hearing 2/01 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 2/12/2024 Legislative Date 2/12/2024 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 2/13/2024 Legislative Date 2/13/2024 Action Favorable Adopted Proceedings 25 Click to view Recorded Media
Chamber House Calendar Date 2/13/2024 Legislative Date 2/13/2024 Action Second Reading Passed Proceedings 25 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters Proceedings
Chamber House Calendar Date 2/15/2024 Legislative Date 2/15/2024 Action Third Reading Passed (100-37) Proceedings 27 Click to view Recorded Media
Chamber Senate Calendar Date 2/16/2024 Legislative Date 2/11/2024 Action Referred Finance Proceedings 27 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/25/2024 Legislative Date 3/25/2024 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 3/26/2024 Legislative Date 3/11/2024 Action Favorable Adopted Second Reading Passed Proceedings 56 Click to view Recorded Media
Chamber Senate Calendar Date 3/27/2024 Legislative Date 3/12/2024 Action Third Reading Passed (46-0) Proceedings 57 Click to view Recorded Media
Chamber House Calendar Date 3/28/2024 Legislative Date 3/15/2024 Action Returned Passed Proceedings 54 Click to view Recorded Media
Chamber Post Passage Calendar Date 4/09/2024 Legislative Date 4/09/2024 Action Approved by the Governor - Chapter 119 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	9/15/2023	9/15/2023	Pre-filed
House	1/10/2024	1/10/2024	First Reading Economic Matters
			Text - First - Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters
House	1/11/2024	1/11/2024	Hearing 2/01 at 1:00 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	2/12/2024	2/12/2024	Favorable Report by Economic Matters
House	2/13/2024	2/13/2024	Favorable Adopted	25 Click to view Recorded Media
House	2/13/2024	2/13/2024	Second Reading Passed	25 Click to view Recorded Media
			Text - Third - Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters
House	2/15/2024	2/15/2024	Third Reading Passed (100-37)	27 Click to view Recorded Media
Senate	2/16/2024	2/11/2024	Referred Finance	27 Click to view Recorded Media
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/25/2024	3/25/2024	Favorable Report by Finance
Senate	3/26/2024	3/11/2024	Favorable Adopted Second Reading Passed	56 Click to view Recorded Media
Senate	3/27/2024	3/12/2024	Third Reading Passed (46-0)	57 Click to view Recorded Media
House	3/28/2024	3/15/2024	Returned Passed	54 Click to view Recorded Media
Post Passage	4/09/2024	4/09/2024	Approved by the Governor - Chapter 119
			Text - Chapter - Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters

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Statutes