HOUSE BILL 511

Sponsored By:

Delegates Love and Kirk

Entitled:

Premiums and Charges for Insurance - Placement Fees

Synopsis:

Authorizing an agent or broker to charge and collect a placement fee for insurance not exceeding $40 under specified circumstances; repealing provisions that authorize an agent or broker to charge and collect, in placing automobile insurance through the Maryland Automobile Insurance Fund, a charge for a driving record and actual expenses for an accident history report.

History by Legislative Date

House Action

2/2

First Reading Economic Matters

2/14

Hearing 2/28 at 1:00 p.m.

3/20

Unfavorable Report by Economic Matters

Senate Action

No Action

Sponsored by:

Delegate Mary Ann E. Love, District 32

Delegate Ruth M. Kirk, District 44

Bill indexed under the following Subjects:

ACCIDENTS

AGENTS AND BROKERS

FEES -see also- DEVELOPMENT FEES AND TAXES

INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS

MARYLAND AUTOMOBILE INSURANCE FUND

MOTOR VEHICLE INSURANCE -see also- MD AUTO INSURANCE FUND

RECORDS -see also- LAND RECORDS; VITAL RECORDS

REPORTS

UNFAIR TRADE PRACTICES

Bill affects the following Statute:

Insurance

( 27-216 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered