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Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Insurance - Automobile Insurance - Maryland Automobile Insurance Fund and Affordability Study
Sponsored by
Delegates Fraser-Hidalgo and Wilson
Status
In the House - First Reading Economic Matters
Analysis
Synopsis
Requiring the Maryland Automobile Insurance Fund to calculate and report its risk based capital level in accordance with certain provisions of insurance law and maintain total adjusted capital in a certain amount; requiring the Maryland Insurance Commissioner to review and determine the adequacy of an RBC plan filed by the Fund; establishing that certain provisions of insurance law regarding prior approval rate making apply to the Fund during a certain time period and under certain circumstances; etc.
Committees
Original:
Economic Matters
Details
Bill File Type: Regular
Effective Date(s): July 1, 2025
Creates a Task Force or Commission
Legislation History
Chamber
House
Calendar Date
2/05/2025
Legislative Date
2/05/2025
Action
First Reading Economic Matters
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 2/05/2025 2/05/2025 First Reading Economic Matters
Subjects
Last Updated: 2/5/2025 4:52 PM
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