Insurance - Other Than Health
Maryland 2022 Regular Session
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Maryland Automobile Insurance Fund - Installment Payment Plans [HB-377]
[Insurance ]
[Transportation and Motor Vehicles ]
Altering certain restrictions and requirements related to the authority of the Maryland Automobile Insurance Fund to accept premiums on an installment payment basis for motor vehicle liability insurance policies; and authorizing the Fund to charge and collect, if approved by the Maryland Insurance Commissioner, reasonable installment fees or reasonable fees for late payment of premiums by policyholders.
Sponsored by: Rep. Marc Alan Korman
Vetoed By The Governor (duplicative) on 05/27/2022
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Gettr Maryland 2022 Regular Session
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Insurance - Title Insurance Producers - Annual Review [SB-293]
[Insurance ]
Authorizing a title insurer to conduct a required annual review of a title insurance producer in person, remotely by using mail, overnight delivery, or electronic means, or by a combination of in-person and remote methods.
Sponsored by: Sen. Pamela G Beidle
Enacted Under Article Ii, Section 17(c) Of The Maryland Constitution - Chapter 701 on 05/29/2022
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Maryland 2022 Regular Session
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Maryland Automobile Insurance Fund - Installment Payment Plans [SB-278]
[Insurance ]
[Transportation and Motor Vehicles ]
Altering certain restrictions and requirements related to the authority of the Maryland Automobile Insurance Fund to accept premiums on an installment payment basis for motor vehicle liability insurance policies; and authorizing the Fund to charge and collect, if approved by the Maryland Insurance Commissioner, reasonable installment fees or reasonable fees for late payment of premiums by policyholders.
Sponsored by: Sen. Cory V. McCray
Approved By The Governor - Chapter 453 on 05/16/2022
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Maryland 2022 Regular Session
Private Passenger Motor Vehicle Liability Insurance – Enhanced Underinsured Motorist Coverage – Opt–Out Option [SB-301]
[Insurance ]
[Transportation and Motor Vehicles ]
[Consumer Protection ]
Converting enhanced underinsured motorist coverage from an opt-in offering of coverage into an opt-out coverage option under provisions of law establishing requirements for private passenger motor vehicle liability insurance.
Sponsored by: Sen. Joanne C. Benson
Hearing 2/02 At 1:00 P.m. on 01/22/2022
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Maryland 2022 Regular Session
Private Passenger Motor Vehicle Liability Insurance – Enhanced Underinsured Motorist Coverage – Opt–Out Option [HB-266]
[Insurance ]
[Transportation and Motor Vehicles ]
[Consumer Protection ]
Converting enhanced underinsured motorist coverage from an opt-in offering of coverage into an opt-out coverage option under provisions of law establishing requirements for private passenger motor vehicle liability insurance.
Sponsored by: Rep. Brian M. Crosby
Referred Finance on 03/14/2022
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Maryland 2022 Regular Session
Title Insurance – Insurers and Insurance Producers – Requirements [SB-170]
[Insurance ]
Altering certain requirements on title insurers relating to the review of underwriting, claims, and escrow practices and policy-issuing processes of title insurance producers appointed by the title insurers; and altering the manner by which title insurance producers are required to send a certain notice to the Maryland Insurance Commissioner and any insurer with whom the title insurance producer holds an appointment.
Sponsored by: Sen. Finance
First Reading Finance on 01/12/2022
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Maryland 2022 Regular Session
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Maryland Insurance Administration - Enforcement Authority - Payment of Claims [SB-167]
[Insurance ]
[Consumer Protection ]
[Healthcare ]
Authorizing the Maryland Insurance Commissioner to require an insurer that holds a certificate of authority to fulfill the holder's obligations or pay a claim or an amount due instead of, or in addition to, suspending or revoking the certificate; and authorizing the Commissioner, on a finding of a violation of certain provisions of law, to require an insurer, a nonprofit health service plan, or a health maintenance organization to provide to a claimant a certain payment.
Sponsored by: Sen. Finance
Approved By The Governor - Chapter 120 on 04/12/2022
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Maryland 2022 Regular Session
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Insurance - Managing General Agents - Review Requirements [SB-188]
[Insurance ]
Repealing the requirement that an insurer's review of the underwriting and claims processing operations of its managing general agent be conducted on-site.
Sponsored by: Sen. Finance
Approved By The Governor - Chapter 121 on 04/12/2022
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Maryland 2022 Regular Session
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Maryland Insurance Administration - Virtual Hearings [SB-185]
[Insurance ]
[Technology and Innovation ]
[Consumer Protection ]
Requiring that hearings held by the Maryland Insurance Commissioner be considered open to the public if a member of the public can observe the hearing virtually through an electronic media platform; authorizing the Commissioner to direct that a hearing be held virtually, subject to certain limitations; and requiring the Commissioner to make available a space within the office of the Maryland Insurance Administration with access to the equipment necessary to allow parties to participate in the virtual hearing.
Sponsored by: Sen. Finance
Approved By The Governor - Chapter 230 on 04/21/2022
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Maryland 2022 Regular Session
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Insurance Carriers and Managed Care Organizations - Cybersecurity Standards [SB-207]
[Cybersecurity ]
[Insurance ]
[Healthcare ]
[Technology and Innovation ]
[Data Privacy ]
[Public Safety ]
Establishing certain cybersecurity standards applicable to insurance carriers, including health maintenance organizations and third-party administrators; requiring a carrier to take certain actions related to cybersecurity, including developing, implementing, and maintaining a written information security program, identifying certain threats, and establishing a certain incident response plan; applying certain requirements relating to cybersecurity to managed care organizations; etc.
Sponsored by: Sen. Finance
Approved By The Governor - Chapter 231 on 04/21/2022
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Maryland 2022 Regular Session
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Insurance – Annuities – Nonforfeiture – Interest Rate [SB-164]
[Insurance ]
Altering the minimum interest rate from 1% to 0.15%, used to determine minimum nonforfeiture amounts for annuity contracts.
Sponsored by: Sen. Brian J. Feldman
Enacted Under Article Ii, Section 17(c) Of The Maryland Constitution - Chapter 693 on 05/29/2022
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Maryland 2022 Regular Session
Real Property - Satisfaction of a Mortgage - Required Homeowner's Insurance (Cassidy's Law) [SB-52]
[Insurance ]
[Real Estate ]
[Housing ]
[Consumer Protection ]
Requiring an owner of residential real property in the State that is not subject to a mortgage to maintain homeowner's insurance coverage on the property with liability coverage of at least $100,000 for bodily or personal injury occurring on the property.
Sponsored by: Sen. Michael A. Jackson
Unfavorable Report By Judicial Proceedings on 02/08/2022
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Maryland 2022 Regular Session
Motor Vehicle Insurance - Discrimination in Underwriting and Rating - Use of Gender [HB-125]
[Insurance ]
[Transportation and Motor Vehicles ]
[Consumer Protection ]
[Data Privacy ]
Prohibiting an insurer, with respect to private passenger motor vehicle insurance, from refusing to underwrite, canceling, refusing to renew, rating a risk, or increasing a renewal premium based, in whole or in part, on the gender of the insured or applicant.
Sponsored by: Rep. Emily Khoury Shetty
Withdrawn By Sponsor on 02/14/2022
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Maryland 2022 Regular Session
✔
Insurance – Annuities – Nonforfeiture – Interest Rate [HB-119]
[Insurance ]
Altering the minimum interest rate from 1% to 0.15%, used to determine minimum nonforfeiture amounts for annuity contracts.
Sponsored by: Rep. Lily Qi
Enacted Under Article Ii, Section 17(c) Of The Maryland Constitution - Chapter 692 on 05/29/2022
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Maryland 2022 Regular Session
Motor Vehicle Insurance - Rate Filings - Trade Secrets and Factors Used to Establish Rates [HB-57]
[Insurance ]
[Transportation and Motor Vehicles ]
[Consumer Protection ]
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.
Sponsored by: Sen. Alonzo T. Washington
Withdrawn By Sponsor on 02/14/2022
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Maryland 2021 Regular Session
Real Property – Satisfaction of a Mortgage – Required Homeowner’s Insurance (Cassidy’s Law) [SB-962]
[Housing ]
[Insurance ]
[Real Estate ]
[Consumer Protection ]
Requiring an owner of residential real property in the State that is not subject to a mortgage to maintain homeowner's insurance coverage on the property with liability coverage of at least $100,000 for bodily or personal injury occurring on the property.
Sponsored by: Sen. Michael A. Jackson
Hearing 3/30 At 1:00 P.m. on 03/25/2021
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Maryland 2021 Regular Session
Motor Vehicle Insurance - Rate Filings - Discrimination, Trade Secrets, and States of Emergency [SB-805]
[Insurance ]
[Transportation and Motor Vehicles ]
[Consumer Protection ]
Authorizing the Maryland Insurance Commissioner to require an insurer to reduce certain rates for certain private passenger automobile insurance policies and file certain changes and amendments or rates under certain circumstances; repealing certain confidentiality protections for certain proprietary rate-related information; exempting private passenger motor vehicle insurance from certain provisions of law governing the use of territory as a factor in establishing certain automobile insurance rates; etc.
Sponsored by: Sen. Douglas J.J. Peters
Hearing 3/03 At 1:00 P.m. on 02/11/2021
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Maryland 2021 Regular Session
Maryland Automobile Insurance Fund – Liability Insurance – School Bus Contractors [HB-1275]
[Insurance ]
[Transportation and Motor Vehicles ]
[Education ]
[Public Safety ]
Requiring the Maryland Automobile Insurance Fund to offer primary or supplemental coverage to certain applicants that provide school bus services to a county board of education; requiring the coverage to include certain minimum coverages and to equal or exceed the coverage provided to public contractors for school bus services in the county; and exempting coverage under the Act from a certain limitation.
Sponsored by: Rep. Mary Ann Lisanti
Withdrawn By Sponsor on 03/17/2021
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Maryland 2021 Regular Session
Condominiums - Mandatory Insurance Coverage - Alterations [HB-1305]
[Insurance ]
[Real Estate ]
[Housing ]
Providing that certain property insurance requirements are applicable to certain elements and units under certain circumstances; providing that for detached units, the requirement that each unit owner is an insured person under a certain insurance policy with respect to certain liability applies only to common elements; providing that a loss for attached or multifamily dwelling units covered by a certain policy be adjusted with the council of unit owners in a certain manner; etc.
Sponsored by: Rep. Steven J. Arentz
Withdrawn By Sponsor on 04/02/2021
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Maryland 2021 Regular Session
Motor Vehicle Insurance – Rate Filings – Discrimination, Trade Secrets, and States of Emergency [HB-1251]
[Insurance ]
[Transportation and Motor Vehicles ]
[Consumer Protection ]
[Data Privacy ]
[Public Safety ]
Authorizing the Maryland Insurance Commissioner to require an insurer to reduce certain rates for certain private passenger automobile insurance policies and file certain changes and amendments or rates under certain circumstances; repealing certain confidentiality protections for certain proprietary rate-related information; exempting private passenger motor vehicle insurance from certain provisions of law governing the use of territory as a factor in establishing certain automobile insurance rates; etc.
Sponsored by: Sen. Alonzo T. Washington
Unfavorable Report By Economic Matters on 03/17/2021