Legislation

Title: Insurance - Credit for Reinsurance Model Law - Revisions
Sponsored by: Chair, Finance Committee (By Request - Departmental - Maryland Insurance Administration)
Status: Approved by the Governor - Chapter 104
Analysis: Fiscal and Policy Note

Synopsis

Authorizing the Maryland Insurance Commissioner to adopt certain rules and regulations applicable to certain reinsurance arrangements; limiting the application of the rules and regulations to certain reinsurance; providing that the rules and regulations may require a certain insurer to use the manual adopted by the National Association of Insurance Commissioners for a certain purpose; and prohibiting the regulations from applying to certain cessions to certain assuming insurers.

Committees

Original:: Finance Click to view Recorded Media

Opposite:: Health and Government Operations Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2021

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 9/29/2020 Legislative Date 9/29/2020 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/13/2021 Legislative Date 1/13/2021 Action First Reading Finance Proceedings
Chamber Senate Calendar Date 12/23/2020 Legislative Date 12/23/2020 Action Hearing 1/19 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Insurance - Credit for Reinsurance Model Law - Revisions Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 2/03/2021 Legislative Date 2/03/2021 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 2/03/2021 Legislative Date 2/03/2021 Action Favorable Adopted Proceedings 7 Click to view Recorded Media
Chamber Senate Calendar Date 2/03/2021 Legislative Date 2/03/2021 Action Second Reading Passed Proceedings 7 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Insurance - Credit for Reinsurance Model Law - Revisions Proceedings
Chamber Senate Calendar Date 2/05/2021 Legislative Date 2/05/2021 Action Third Reading Passed (47-0) Proceedings 8 Click to view Recorded Media
Chamber House Calendar Date 2/08/2021 Legislative Date 2/08/2021 Action Referred Health and Government Operations Proceedings 9 Click to view Recorded Media
Chamber House Calendar Date 3/17/2021 Legislative Date 3/17/2021 Action Hearing 3/25 at 1:30 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Health and Government Operations Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/31/2021 Legislative Date 3/31/2021 Action Favorable Report by Health and Government Operations Proceedings
Chamber House Calendar Date 4/02/2021 Legislative Date 3/19/2021 Action Favorable Adopted Second Reading Passed Proceedings 38 Click to view Recorded Media
Chamber House Calendar Date 4/07/2021 Legislative Date 3/22/2021 Action Third Reading Passed (137-0) Proceedings 41AClick to view Recorded Media
Chamber Senate Calendar Date 4/08/2021 Legislative Date 3/17/2021 Action Returned Passed Proceedings 42AClick to view Recorded Media
Chamber Post Passage Calendar Date 4/13/2021 Legislative Date 4/13/2021 Action Approved by the Governor - Chapter 104 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Insurance - Credit for Reinsurance Model Law - Revisions Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	9/29/2020	9/29/2020	Pre-filed
Senate	1/13/2021	1/13/2021	First Reading Finance
Senate	12/23/2020	12/23/2020	Hearing 1/19 at 1:00 p.m.
			Text - First - Insurance - Credit for Reinsurance Model Law - Revisions
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	2/03/2021	2/03/2021	Favorable Report by Finance
Senate	2/03/2021	2/03/2021	Favorable Adopted	7 Click to view Recorded Media
Senate	2/03/2021	2/03/2021	Second Reading Passed	7 Click to view Recorded Media
			Text - Third - Insurance - Credit for Reinsurance Model Law - Revisions
Senate	2/05/2021	2/05/2021	Third Reading Passed (47-0)	8 Click to view Recorded Media
House	2/08/2021	2/08/2021	Referred Health and Government Operations	9 Click to view Recorded Media
House	3/17/2021	3/17/2021	Hearing 3/25 at 1:30 p.m.
			Vote - House - Committee - Health and Government Operations	Click to view Recorded Media
House	3/31/2021	3/31/2021	Favorable Report by Health and Government Operations
House	4/02/2021	3/19/2021	Favorable Adopted Second Reading Passed	38 Click to view Recorded Media
House	4/07/2021	3/22/2021	Third Reading Passed (137-0)	41AClick to view Recorded Media
Senate	4/08/2021	3/17/2021	Returned Passed	42AClick to view Recorded Media
Post Passage	4/13/2021	4/13/2021	Approved by the Governor - Chapter 104
			Text - Chapter - Insurance - Credit for Reinsurance Model Law - Revisions

File Code

Subjects

Statutes