Legislation
- Title
- Insurance - Rate Effectiveness and People's Insurance Counsel Division
- Sponsored by
- Delegates Rogers, Bagnall, Bartlett, Charkoudian, Crosby, D.E. Davis, Dumais, Fennell, Holmes, Lehman, Pena-Melnyk, Qi, Queen, Turner, Valderrama, Walker, Washington, and Wilson
- Status
- In the House - Withdrawn by Sponsor
- Analysis
Synopsis
Prohibiting certain rates from taking effect without prior approval from the Maryland Insurance Commissioner; altering the definition of "insurer" for the purposes of certain provisions of law governing the People's Insurance Counsel to include property and casualty insurers; requiring the Commissioner to collect a certain annual assessment from each property and casualty insurer; requiring the People's Insurance Counsel Division to review certain rate increases filed with the Commissioner by a property and casualty insurer; etc.
Committees
- Original:
- Economic Matters
Details
Bill File Type: Regular
Effective Date(s): October 1, 2020
History
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File Code
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Subjects
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Statutes
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(
11-206 )
(
6-301, 6-304, 6-306 )
Last Updated: 9/22/2020 2:08 PM