Legislation

Title: Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters
Sponsored by: Chair, Finance Committee (By Request - Departmental - Maryland Insurance Administration)
Status: Approved by the Governor - Chapter 120
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:: Finance Click to view Recorded Media

Opposite:: Economic Matters

Committee Testimony

Witness List

Details

Cross-filed with: HB0067

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2024

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 9/15/2023 Legislative Date 9/15/2023 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/10/2024 Legislative Date 1/10/2024 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters Proceedings
Chamber Senate Calendar Date 1/09/2024 Legislative Date 1/09/2024 Action Hearing 1/24 at 1:30 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/05/2024 Legislative Date 2/05/2024 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 2/06/2024 Legislative Date 2/03/2024 Action Favorable Adopted Proceedings 19 Click to view Recorded Media
Chamber Senate Calendar Date 2/06/2024 Legislative Date 2/03/2024 Action Second Reading Passed Proceedings 19 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters Proceedings
Chamber Senate Calendar Date 2/08/2024 Legislative Date 2/05/2024 Action Third Reading Passed (44-0) Proceedings 21 Click to view Recorded Media
Chamber House Calendar Date 2/12/2024 Legislative Date 2/12/2024 Action Referred Economic Matters Proceedings 24 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/28/2024 Legislative Date 3/28/2024 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 3/28/2024 Legislative Date 3/15/2024 Action Favorable Adopted Proceedings 54 Click to view Recorded Media
Chamber House Calendar Date 3/28/2024 Legislative Date 3/15/2024 Action Second Reading Passed Proceedings 54 Click to view Recorded Media
Chamber House Calendar Date 4/02/2024 Legislative Date 3/18/2024 Action Third Reading Passed (100-36) Proceedings 57 Click to view Recorded Media
Chamber Senate Calendar Date 4/03/2024 Legislative Date 3/17/2024 Action Returned Passed Proceedings 62 Click to view Recorded Media
Chamber Post Passage Calendar Date 4/09/2024 Legislative Date 4/09/2024 Action Approved by the Governor - Chapter 120 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
Senate	9/15/2023	9/15/2023	Pre-filed
Senate	1/10/2024	1/10/2024	First Reading Finance
			Text - First - Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters
Senate	1/09/2024	1/09/2024	Hearing 1/24 at 1:30 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	2/05/2024	2/05/2024	Favorable Report by Finance
Senate	2/06/2024	2/03/2024	Favorable Adopted	19 Click to view Recorded Media
Senate	2/06/2024	2/03/2024	Second Reading Passed	19 Click to view Recorded Media
			Text - Third - Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters
Senate	2/08/2024	2/05/2024	Third Reading Passed (44-0)	21 Click to view Recorded Media
House	2/12/2024	2/12/2024	Referred Economic Matters	24 Click to view Recorded Media
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/28/2024	3/28/2024	Favorable Report by Economic Matters
House	3/28/2024	3/15/2024	Favorable Adopted	54 Click to view Recorded Media
House	3/28/2024	3/15/2024	Second Reading Passed	54 Click to view Recorded Media
House	4/02/2024	3/18/2024	Third Reading Passed (100-36)	57 Click to view Recorded Media
Senate	4/03/2024	3/17/2024	Returned Passed	62 Click to view Recorded Media
Post Passage	4/09/2024	4/09/2024	Approved by the Governor - Chapter 120
			Text - Chapter - Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters

File Code

Subjects

Statutes