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Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters [HB-67]
[Insurance ]
[Consumer Protection ]
[Law Enforcement ]
Altering the maximum civil penalty to which an unauthorized insurer or person that violates certain provisions of State insurance law is subject for each violation; and altering the maximum civil penalty that the Maryland Insurance Commissioner may impose, in addition to suspending or revoking the license, on the holder of an insurance producer license or a public adjuster licensee for each violation of State insurance law.
HB-67: Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters
Sponsored by: Rep. Economic Matters
Approved By The Governor - Chapter 119 on 04/09/2024
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Insurance - Hearing Representation [HB-90]
[Insurance ]
[Small Business ]
[Consumer Protection ]
Requiring the Maryland Insurance Commissioner to allow corporations, partnerships, limited liability companies, and sole proprietorships that are small employers to be represented by certain authorized individuals rather than an attorney in certain hearings held by the Commissioner.
HB-90: Insurance - Hearing Representation
Sponsored by: Rep. Economic Matters
Approved By The Governor - Chapter 827 on 05/16/2024
Private Passenger Motor Vehicle Insurance - Premium Increases - Collisions With Wild Animals [SB-172]
[Animals ]
[Insurance ]
[Transportation and Motor Vehicles ]
[Consumer Protection ]
Prohibiting an insurer, with respect to private passenger motor vehicle insurance, from increasing a premium based on the claims history of an insured where two or fewer of the claims within the immediately preceding 3-year period were for accidents or losses caused by a collision with a free-roaming wild animal and for which the insured was not at fault for the loss.
SB-172: Private Passenger Motor Vehicle Insurance - Premium Increases - Collisions With Wild Animals
Sponsored by: Sen. Jack Bailey
Hearing 1/31 At 1:00 P.m. on 01/15/2024
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Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters [SB-229]
[Insurance ]
[Consumer Protection ]
[Law Enforcement ]
Altering the maximum civil penalty to which an unauthorized insurer or person that violates certain provisions of State insurance law is subject for each violation; and altering the maximum civil penalty that the Maryland Insurance Commissioner may impose, in addition to suspending or revoking the license, on the holder of an insurance producer license or a public adjuster licensee for each violation of State insurance law.
SB-229: Insurance - Penalties - Unauthorized Insurers, Insurance Producers, and Public Adjusters
Sponsored by: Sen. Finance
Approved By The Governor - Chapter 120 on 04/09/2024
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Insurance - Protections After Loss or Damage to Property [HB-36]
[Insurance ]
[Consumer Protection ]
Prohibiting a public adjuster, or anyone acting on behalf of a public adjuster, from soliciting or attempting to solicit a client between the hours of 8:00 p.m. and 8:00 a.m.; altering the statements that are required to be included in a public adjuster contract; altering a certain rescission period for public adjuster contracts; and requiring a public adjuster to provide notice to the Commissioner, in a form and manner the Commissioner determines, within 1 business day after the public adjuster has entered into a contract.
HB-36: Insurance - Protections After Loss or Damage to Property
Sponsored by: Rep. Economic Matters
Approved By The Governor - Chapter 826 on 05/16/2024
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Insurance - Hearing Representation [SB-230]
[Insurance ]
[Small Business ]
[Consumer Protection ]
Requiring the Maryland Insurance Commissioner to allow corporations, partnerships, limited liability companies, and sole proprietorships that are small employers to be represented by certain authorized individuals rather than an attorney in certain hearings held by the Commissioner.
SB-230: Insurance - Hearing Representation
Sponsored by: Sen. Finance
Approved By The Governor - Chapter 828 on 05/16/2024
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Insurance - Holding Companies - Group Capital Calculation and Liquidity Stress Test [HB-252]
[Insurance ]
Requiring certain controlling persons of certain insurers in an insurance holding company system to file an annual group calculation as directed by the lead state commissioner of the insurance group; requiring certain controlling persons of certain insurers in an insurance holding company system to file the results of a liquidity stress test for specific data years; providing that certain information is confidential; and authorizing and requiring the Commissioner to take certain actions related to certain information.
HB-252: Insurance - Holding Companies - Group Capital Calculation and Liquidity Stress Test
Sponsored by: Rep. Economic Matters
Approved By The Governor - Chapter 121 on 04/09/2024
Insurance – Protections After Loss or Damage to Property [SB-231]
[Insurance ]
[Consumer Protection ]
[Public Safety ]
Prohibiting a public adjuster, or anyone acting on behalf of a public adjuster, from soliciting or attempting to solicit a client during the progress of a loss-producing occurrence or between the hours of 8:00 p.m. and 8:00 a.m.; requiring a public adjuster to provide notice to the Maryland Insurance Commissioner if the public adjuster enters into a public adjuster contract within 72 hours after the loss giving rise to an insurance claim; altering the statements that are required to be included in a public adjuster contract; etc.
SB-231: Insurance – Protections After Loss or Damage to Property
Sponsored by: Sen. Finance
Senate Refuses Concur House Amendments on 04/08/2024
Genetic Testing - Prohibitions on Disability, Life, and Long-Term Care Insurance (Genetic Testing Protection Act of 2024) [SB-142]
[Insurance ]
[Healthcare ]
[Disabilities ]
[Consumer Protection ]
[Data Privacy ]
Prohibiting insurance carriers that offer life insurance, long-term care insurance, and disability insurance policies or contracts from taking certain action regarding coverage based on whether an applicant or a policy or contract holder has requested or undergone genetic testing or the results of the genetic testing.
SB-142: Genetic Testing - Prohibitions on Disability, Life, and Long-Term Care Insurance (Genetic Testing Protection Act of 2024)
Sponsored by: Sen. Katherine Ann Klausmeier
Hearing 1/31 At 1:00 P.m. on 01/15/2024
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Insurance – Credit for Reinsurance Model Law – Reciprocal Jurisdictions [SB-928]
[Insurance ]
[Trade ]
Prohibiting the Maryland Insurance Commissioner from removing from a certain list of reciprocal jurisdictions created and published by the Commissioner certain jurisdictions located outside the United States and certain jurisdictions in the United States that meet certain accreditation requirements.
SB-928: Insurance – Credit for Reinsurance Model Law – Reciprocal Jurisdictions
Sponsored by: Sen. Melony G Griffith
Approved By The Governor - Chapter 267 on 05/03/2023
Motor Vehicle Insurance - Insurance Identification Card - Multiple Named Insureds [SB-892]
[Insurance ]
[Transportation and Motor Vehicles ]
Requiring, for a motor vehicle liability insurance policy with multiple named insureds, an insurer to provide an identification card that indicates all named insureds or separate insurance identification cards for each named insured on the policy on request of a named insured.
SB-892: Motor Vehicle Insurance - Insurance Identification Card - Multiple Named Insureds
Sponsored by: Sen. William C. Smith
First Reading Senate Rules on 02/13/2023
Maryland Insurance Administration - Study on Diminished Value Within the Automobile Industry [HB-998]
[Insurance ]
[Transportation and Motor Vehicles ]
[Consumer Protection ]
Requiring the Maryland Insurance Administration to study and make recommendations about State practices on diminished value within the automobile industry; and requiring the Administration to report its findings and recommendations to the Governor and the General Assembly by December 31, 2023.
HB-998: Maryland Insurance Administration - Study on Diminished Value Within the Automobile Industry
Sponsored by: Rep. Julian Ivey
Unfavorable Report By Economic Matters on 04/03/2023
Peer-to-Peer Car Sharing Programs - Insurance and Liability [HB-1187]
[Insurance ]
[Transportation and Motor Vehicles ]
[Consumer Protection ]
Repealing certain provisions of law authorizing a peer-to-peer car sharing program's motor vehicle liability insurance policy on a replacement vehicle to be secondary coverage for a shared vehicle driver; altering certain motor vehicle liability insurance requirements applicable to peer-to-peer car sharing programs; authorizing a peer-to-peer car sharing program to transfer monetary liability and charge a shared vehicle owner for certain tolls, fees, charges, or fines imposed under certain circumstances; etc.
HB-1187: Peer-to-Peer Car Sharing Programs - Insurance and Liability
Sponsored by: Rep. David Vincent Fraser-hidalgo
Unfavorable Report By Economic Matters on 03/14/2023
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Baltimore County - Insurance - Certificates of Guarantee for County Bond Requirements [HB-1111]
[Insurance ]
[Construction ]
[Budget and Spending ]
[Finance ]
Authorizing Baltimore County to honor certificates of guarantee that are issued by certain associations or on behalf of certain contractors in order to satisfy certain county bond requirements; and providing that Baltimore County is not required under certain provisions of law to honor certain certificates of guarantee.
HB-1111: Baltimore County - Insurance - Certificates of Guarantee for County Bond Requirements
Sponsored by: Rep. Eric D. Ebersole
Approved By The Governor - Chapter 215 on 04/24/2023
Baltimore City - Workforce Development Automobile Insurance Subsidy Program [HB-1001]
[Insurance ]
[Labor, Jobs, Employment ]
[Transportation and Motor Vehicles ]
[Budget and Spending ]
[Economic Development ]
Establishing the Baltimore City Workforce Development Automobile Insurance Subsidy Program within the Division of Workforce Development and Adult Learning to provide subsidies for private passenger automobile insurance to eligible graduates; requiring the Governor to include in the annual budget bill $5,000,000 for fiscal year 2025 and each fiscal year thereafter; and requiring the Department of Labor to annually report to the Governor and the General Assembly certain information about the Program.
HB-1001: Baltimore City - Workforce Development Automobile Insurance Subsidy Program
Sponsored by: Rep. Tony Bridges
Unfavorable Report By Economic Matters on 03/16/2023
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Baltimore City - Insurance - Certificates of Guarantee for County Bond Requirements [HB-884]
[Insurance ]
[Construction ]
Authorizing Baltimore City to honor certificates of guarantee that are issued by certain associations or on behalf of certain contractors in order to satisfy certain county bond requirements; and providing that Baltimore City is not required under certain provisions of law to honor certain certificates of guarantee.
HB-884: Baltimore City - Insurance - Certificates of Guarantee for County Bond Requirements
Sponsored by: No sponsors
Approved By The Governor - Chapter 237 on 04/24/2023
Insurance - Maryland Automobile Insurance Fund - Assessments [HB-903]
[Insurance ]
[Transportation and Motor Vehicles ]
Altering the formula for the calculation of certain assessments by the Maryland Automobile Insurance Fund; requiring the Maryland Insurance Commissioner, under certain circumstances, to authorize the Maryland Automobile Insurance Fund to withdraw certain amounts from a certain overassessment account to offset certain private passenger auto and commercial auto assessments; prohibiting members of the Industry Automobile Insurance Association from being subject to an annual assessment under certain circumstances; etc.
HB-903: Insurance - Maryland Automobile Insurance Fund - Assessments
Sponsored by: Rep. Brian M. Crosby
First Reading Economic Matters And Appropriations on 02/09/2023
Motor Vehicle Insurance - Rate Filings - Trade Secrets and Factors Used to Establish Rates [SB-816]
[Insurance ]
[Transportation and Motor Vehicles ]
[Consumer Protection ]
[Data Privacy ]
Repealing certain confidentiality protections for proprietary rate-related information; and prohibiting an insurer that uses territory as a factor in establishing automobile insurance rates from using more than five territories; and applying the Act to all policies and motor vehicle insurance offered, issued, or delivered in the State on or after January 1, 2024.
SB-816: Motor Vehicle Insurance - Rate Filings - Trade Secrets and Factors Used to Establish Rates
Sponsored by: Sen. Alonzo T. Washington
Hearing 3/15 At 1:00 P.m. on 02/07/2023
Motor Vehicle Insurance – Insurance Identification Card – Multiple Named Insureds [HB-721]
[Insurance ]
[Transportation and Motor Vehicles ]
Requiring, for a motor vehicle liability insurance policy with multiple named insureds, an insurer to provide an identification card that indicates all named insureds or separate insurance identification cards for each named insured on the policy on request of a named insured.
HB-721: Motor Vehicle Insurance – Insurance Identification Card – Multiple Named Insureds
Sponsored by: Rep. Jheanelle K. Wilkins
Withdrawn By Sponsor on 03/08/2023
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Insurance - Product and Service Offerings [SB-725]
[Insurance ]
[Consumer Protection ]
[Healthcare ]
Authorizing certain insurers, nonprofit health service plans, and health maintenance organizations to offer and provide certain products or services in conjunction with a policy at no charge or at a discounted price under certain circumstances; and prohibiting certain insurers, nonprofit health service plans, and health maintenance organizations from increasing a premium or denying a claim of a policyholder if the policyholder accepts, rejects, uses, or fails to use a certain product or service.
SB-725: Insurance - Product and Service Offerings
Sponsored by: Sen. Finance
Approved By The Governor - Chapter 38 on 04/11/2023