Insurance - Other Than Health
Maryland 2017 Regular Session
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Homeowner's Insurance - Notices [SB-279]
[Insurance ]
[Consumer Protection ]
Authorizing specified notices and statements relating to homeowner's insurance to be delivered by electronic means if the insurer complies with specified requirements; authorizing insurers to comply with specified renewal notice requirements relating to homeowner's insurance by sending a specified notice; requiring the Maryland Insurance Commissioner to adopt by regulation a specified notice to be provided to insureds and policyholders at each renewal that contains specified information; etc.
Sponsored by: Sen. Thomas McClain Middleton
Approved By The Governor - Chapter 124 on 04/11/2017
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Gettr Maryland 2017 Regular Session
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Insurance - Public Adjusters [HB-136]
[Insurance ]
[Consumer Protection ]
Altering specified provisions concerning the licensing and practice of public adjusters; adding and altering specified definitions relating to public adjusters; providing an exception to licensing for specified marketing activities; repealing the requirement that public adjuster license application forms include specified employment disclosures; repealing the requirement for specified experience before taking a specified written examination; applying the Act to all public adjuster licenses issued or renewed on or after January 1, 2018; etc.
Sponsored by: Rep. Economic Matters
Approved By The Governor - Chapter 106 on 04/11/2017
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Maryland 2017 Regular Session
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Maryland Insurance Administration - Sunset Review - Required Reports and Repeal of Preliminary Evaluation Requirement [SB-189]
[Insurance ]
Repealing the requirement that the Maryland Insurance Administration, and the statutes and regulations that relate to the Administration, be subject to a preliminary evaluation in accordance with the provisions of the Maryland Program Evaluation Act (Sunset Law); requiring the Administration to submit specified reports to specified committees of the General Assembly and the Department of Legislative Services at specified times; etc.
Sponsored by: Sen. Thomas V. Miller
Approved By The Governor - Chapter 65 on 04/11/2017
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Maryland 2017 Regular Session
✖
State Board of Physicians - Medical Professional Liability Insurance Coverage - Verification, Publication, and Notification Requirements (Janet's Law) [SB-195]
[Healthcare ]
[Insurance ]
[Public Health ]
Requiring a specified physician to provide the State Board of Physicians with verification or documentation that the physician maintains medical professional liability insurance within 25 business days after the physician receives the request from the Board; requiring the public profile of specified licensees of the Board to include information on whether the licensee maintains medical professional liability insurance; requiring each licensee practicing medicine to provide a specified written notification; etc.
Sponsored by: Sen. Katherine Ann Klausmeier
Hearing 3/22 At 1:00 P.m. on 03/22/2018
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Maryland 2017 Regular Session
Physicians - Professional Liability Insurance Coverage - Notification and Posting Requirements [SB-193]
[Healthcare ]
[Insurance ]
[Public Health ]
Requiring physicians licensed to practice medicine in the State to notify patients in writing and on each visit of specified information relating to professional liability insurance coverage; requiring the notification to be signed by the patient and retained by the physicians as part of the patient records; requiring the physician to post specified information in a specified location in their place of practice; requiring the State Board of Physicians to develop specified language for the notification; etc.
Sponsored by: Sen. Katherine Ann Klausmeier
Unfavorable Report By Education, Health, And Environmental Affairs; Withdrawn on 02/09/2017
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Maryland 2017 Regular Session
Long-Term Care Insurance - Moratorium on Renewal Premium Rate Increases [SB-176]
[Insurance ]
[Healthcare ]
[Senior Citizens ]
Prohibiting a carrier from increasing a renewal premium rate for a specified long-term care insurance policy or contract in the years 2017 through 2019.
Sponsored by: Sen. Roger P. Manno
Hearing 2/01 At 2:00 P.m. on 02/01/2017
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Maryland 2017 Regular Session
✔
Maryland Insurance Administration - Sunset Review - Required Reports and Repeal of Preliminary Evaluation Requirement [HB-116]
[Insurance ]
Repealing the requirement that the Maryland Insurance Administration, and the statutes and regulations that relate to the Administration, be subject to a preliminary evaluation in accordance with the provisions of the Maryland Program Evaluation Act (Sunset Law); requiring the Administration to submit specified reports to specified committees of the General Assembly and the Department of Legislative Services at specified times; etc.
Sponsored by: Rep. The Speaker
Approved By The Governor - Chapter 66 on 04/11/2017
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Maryland 2017 Regular Session
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Insurance Premiums - Payment by Credit Card - Reimbursement for Expenses [SB-94]
[Insurance ]
[Consumer Protection ]
Providing that specified provisions of law do not prohibit insurance producers from charging and collecting from insureds actual expenses incurred by the insurance producer for payment of the premium for a policy by use of a credit card, subject to specified conditions; requiring an insurance producer, under specified circumstances, to fully disclose the availability of all acceptable payment methods and any charge for actual expenses incurred; providing that specified credit card expenses may not be considered premium under the Act; etc.
Sponsored by: Sen. Edward R. Reilly
Approved By The Governor - Chapter 43 on 04/11/2017
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Maryland 2017 Regular Session
✔
Insurance - Cancellation of Policy or Binder - Notice Requirements [SB-32]
[Insurance ]
[Workers' Compensation ]
Requiring an insurer to file a copy of a specified notice of cancellation of a policy or binder of workers' compensation insurance with a specified designee of the Workers' Compensation Commission; clarifying that provisions of law requiring an insurer to take specified actions before canceling or refusing to renew coverage under a policy of worker's compensation insurance do not apply to the cancellation of the policy or binder during a specified 45-day underwriting period; etc.
Sponsored by: Sen. Finance
Approved By The Governor - Chapter 39 on 04/11/2017
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Maryland 2017 Regular Session
✔
Insurance - Risk Management and Own Risk and Solvency Assessment Act [SB-8]
[Insurance ]
[Finance ]
[Cybersecurity ]
Requiring specified carriers to maintain a risk management framework for specified purposes; requiring specified carriers or specified insurance groups to conduct an own risk and solvency assessment regularly or at any time when there are significant changes to the carrier's or insurance group's risk profile; requiring specified carriers to submit to the Maryland Insurance Commissioner a specified report or reports on request or if the Commissioner is the lead state commissioner of a specified insurance group; etc.
Sponsored by: Sen. Finance
Approved By The Governor - Chapter 36 on 04/11/2017
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Maryland 2017 Regular Session
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Insurance - Surplus Lines Insurers, Surplus Lines Brokers, and Reinsurers [SB-19]
[Insurance ]
Altering the requirements an insurer must meet to be approved as a surplus lines insurer by the Maryland Insurance Commissioner; providing for the expiration of a surplus lines insurer's approval; establishing a process for renewal of a surplus lines insurer's approval; clarifying that a requirement to report specified business subject to tax and pay the tax stated in the report at specified intervals applies only to surplus lines brokers that have transacted surplus lines business in the State during the reporting period; etc.
Sponsored by: Sen. Finance
Approved By The Governor - Chapter 37 on 04/11/2017
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Maryland 2017 Regular Session
✔
Title Insurance Producers - Licensing of Business Entities and On-Site Reviews [SB-40]
[Insurance ]
Altering a specified prohibition on converting or misappropriating specified trust money; requiring specified controlling persons and specified trust money controllers to hold a license to act as a title insurance producer and, if applicable, a specified appointment; altering the requirements for a license as a title insurance producer if the applicant is a business entity; requiring the Maryland Insurance Commissioner to make a specified investigation under specified circumstances; etc.
Sponsored by: Sen. Finance
Approved By The Governor - Chapter 41 on 04/11/2017
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Maryland 2017 Regular Session
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Insurance - Charitable Gift Annuities - Special Permit Holders - Required Financial Statements [SB-15]
[Insurance ]
[Finance ]
Requiring a holder of a special permit needed to make agreements with donors for annuity payments to specified entities to submit to the Maryland Insurance Commissioner audited fiscal year-end financial statements of the holder instead of an annual report; requiring the financial statements to be audited by a certified public accountant and presented in a specified manner; authorizing the Commissioner to waive the requirement to submit the financial statements under specified circumstances; etc.
Sponsored by: Sen. Finance
Approved By The Governor - Chapter 504 on 05/04/2017
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Maryland 2017 Regular Session
✔
Title Insurance - Rate Making - Use of Rating Organizations for Filings [SB-31]
[Insurance ]
Providing that specified provisions of law governing rating organizations apply to rate making for title insurance; authorizing a title insurer to satisfy its obligations to make filings by being a member of or a subscriber to a specified title rating organization and authorizing the Maryland Insurance Commissioner to accept filings on its behalf from the title rating organization; etc.
Sponsored by: Sen. Finance
Approved By The Governor - Chapter 38 on 04/11/2017
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Maryland 2017 Regular Session
✔
Private Passenger Motor Vehicle Liability Insurance - Enhanced Underinsured Motorist Coverage [HB-5]
[Insurance ]
[Transportation and Motor Vehicles ]
[Consumer Protection ]
Authorizing a specified insured to elect to obtain specified enhanced underinsured motorist coverage under a private passenger motor vehicle liability insurance policy; requiring specified insurers to offer an enhanced underinsured motorist coverage under specified circumstances; altering a specified prohibition on the recovery of benefits under specified coverages; applying the Act to each policy of private passenger motor vehicle insurance issued, sold, or delivered in the State on or after July 1, 2018; etc.
Sponsored by: Rep. Talmadge Branch
Enacted Under Article Ii, Section 17(b) Of The Maryland Constitution - Chapter 20 on 04/06/2017
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Maryland 2017 Regular Session
Long-Term Care Insurance - Sale or Transfer of Book of Business [SB-1199]
[Insurance ]
[Healthcare ]
[Senior Citizens ]
Requiring specified carriers that issue, deliver, or offer policies, contracts, or certificates of long-term care insurance in the State and sell or otherwise transfer their books of business to another carrier to, at least 14 days before the sale or transfer, provide specified written notice to each insured and provide a specified database to the Maryland Insurance Commissioner.
Sponsored by: Sen. Delores G Kelley
Hearing 3/30 At 1:00 P.m. on 03/30/2017