Legislation
- Title
- Insurance - Premiums and Charges - Review of Administrative Expenses
- Sponsored by
- Chair, Finance Committee (By Request - Departmental - Insurance Administration, Maryland)
- Status
- Approved by the Governor - Chapter 27
- Analysis
- Fiscal and Policy Note
Synopsis
Requiring the Maryland Insurance Commissioner, when reviewing specified administrative expenses submitted by an authorized insurer that are associated with late payments, to include in the review the cost incurred by an authorized insurer or a vendor of the authorized insurer to accept late payments or installment payments by credit card, debit card, electronic funds transfer, or electronic check payment.
Committees
- Original:
- Finance Click to view Recorded Media
- Opposite:
- Economic Matters Click to view Recorded Media
Details
Bill File Type: Pre-Filed
Effective Date(s): October 1, 2014
By Request of the Governor
History
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Statutes
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(
27-216 )
Last Updated: 2/3/2020 2:29 PM