- Title
- Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters
- Sponsored by
- Chair, Finance Committee (By Request - Departmental - Maryland Insurance Administration)
- Status
- Approved by the Governor - Chapter 120
- Analysis
- Fiscal and Policy Note
Synopsis
Altering the maximum civil penalty to which an unauthorized insurer or person that violates certain provisions of State insurance law is subject for each violation; and altering the maximum civil penalty that the Maryland Insurance Commissioner may impose, in addition to suspending or revoking the license, on the holder of an insurance producer license or a public adjuster licensee for each violation of State insurance law.
Committees
- Original:
- Finance Click to view Recorded Media
- Opposite:
- Economic Matters
Committee Testimony
Details
Cross-filed with: HB0067
Bill File Type: Pre-Filed
Effective Date(s): October 1, 2024
By Request of the Governor
History
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Statutes
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Last Updated: 4/16/2024 3:30 PM