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Legislation


1998 Regular Session

HOUSE BILL 1343

CHAPTER NUMBER: 751 File Code: Insurance - Liability and Miscellaneous
Sponsored By:
Delegate Barve
Entitled:
Insurance - Surplus Lines Insurance

Synopsis:

Authorizing the Maryland Insurance Commissioner to adopt specified regulations concerning surplus lines insurance; altering specified provisions concerning the applicability, completion, and waiver of a diligent search requirement for surplus lines insurance; altering the form and content of the written disclosure required with each insurance contract delivered as surplus lines coverage; and altering the semiannual reporting requirements for a surplus lines broker.

History by Legislative Date

House Action
2/23
First Reading House Rules
3/2
Re-referred Economic Matters
Hearing 3/11 at 2:00 p.m.
3/27

Favorable with Amendments Report by Economic Matters
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/28
Third Reading Passed (131-0)
4/9
House Concur - Senate Amendments
Third Reading Passed (137-0)
Passed Enrolled
5/21
Signed by the Governor Chapter 751
Senate Action
3/30
First Reading Finance
3/31
Hearing 4/6 at 1:00 p.m.
4/10
Favorable with Amendments Report by Finance
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/11
Third Reading Passed with Amendments (43-0)
Bill indexed under the following Subjects:
AGENTS AND BROKERS
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
DISCLOSURE
INSURANCE ADMINISTRATION
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
REPORTS -see also- RECORDS
RULES AND REGULATIONS
Bill affects the following Statutes:
Insurance
( 3-302 , 3-304 , 3-306 , 3-306.1 , 3-307 , 3-308 , 3-323 , 3-325 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
House
Number: 143179/1 (PDF)     Offered on: March 27, 1998   at: 11:02 a.m.     Status: Adopted
Senate
Number: 117558/1 (PDF)     Offered on: April 10, 1998   at: 1:44 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 28, 1998: Third Reading Passed (131-0)
April 9, 1998: Third Reading Passed (137-0)
Senate
April 11, 1998: Third Reading Passed (43-0)
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