File Code: Insurance - Other than Health
- Sponsored By:
-
Chairman, Economic Matters Committee (By Request - Departmental
- Insurance Administration, Maryland)
- Entitled:
-
Property and Casualty Insurance - Transfer Between Affiliates
Specifying that a property and casualty insurer's offer to assign,
place, or transfer an insured from one affiliated company to another
affiliated company within an insurance holding company system is not a
cancellation or nonrenewal for purposes of specified laws that apply;
providing that assignment, placement, or transfer of an insured from
one affiliated company to another within an insurance holding company
system shall be deemed an offer to renew subject to notice rights for
consumers; etc.
House Action
- 1/20
- First Reading Economic Matters
- 1/24
- Hearing 2/2 at 1:00 p.m.
- 3/14
- Unfavorable Report by Economic Matters
Senate Action
- No Action
Sponsored by:
- Econ. Matters Comm., Chairman
- Departmental
- Ins. Administration, MD
Bill indexed under the following Subjects:
- CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
- INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
- NOTICES
- PRICES -see also- CONSUMER PRICE INDEX
Bill affects the following Statutes:
- Insurance
- (
27-501 ,
27-604 ,
27-605 ,
27-607
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments:
None offered
