Legislation - SB0893

Title: Insurance - Enforcement, Impaired Entities, Homeowner's Insurance Policies, and Unfair Claim Settlement Practices - Revisions
Sponsored by: Senator Charles
Status: In the Senate - Hearing 3/05 at 1:00 p.m.
Analysis

Synopsis

Establishing and altering requirements governing the regulation of insurance in the State, including requirements related to reviews and examinations undertaken by the Maryland Insurance Commissioner, premium discounts, the temporary suspension of writing new homeowner's insurance policies, and claims handling; providing that certain insurers may be subject to additional market conduct examinations under certain circumstances; etc.

Committees

Original:: Finance

Details

Bill File Type: Regular

Effective Date(s): October 1, 2025

History

Legislation History
Chamber Senate Calendar Date 2/03/2025 Legislative Date 1/28/2025 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Insurance - Enforcement, Impaired Entities, Homeowner's Insurance Policies, and Unfair Claim Settlement Practices - Revisions Proceedings
Chamber Senate Calendar Date 2/06/2025 Legislative Date 2/06/2025 Action Hearing 3/05 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/03/2025	1/28/2025	First Reading Finance
			Text - First - Insurance - Enforcement, Impaired Entities, Homeowner's Insurance Policies, and Unfair Claim Settlement Practices - Revisions
Senate	2/06/2025	2/06/2025	Hearing 3/05 at 1:00 p.m.

File Code

Subjects

Statutes