Altering the formula for the calculation of certain assessments by the Maryland Automobile Insurance Fund; requiring the Maryland Insurance Commissioner, under certain circumstances, to authorize the Maryland Automobile Insurance Fund to withdraw certain amounts from a certain overassessment account to offset certain private passenger auto and commercial auto assessments; prohibiting members of the Industry Automobile Insurance Association from being subject to an annual assessment under certain circumstances; etc.
Bill File Type: Regular
Effective Date(s): June 1, 2023
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Last Updated: 6/9/2023 2:43 PM