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Session Laws, 1999
Volume 796, Page 1841   View pdf image
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(2) at a minimum, detail the amount of private passenger premium
written by the insurer and the Maryland Automobile Insurance Fund AND THE
AMOUNT OF HOMEOWNERS RESIDENTIAL PROPERTY PREMIUM WRITTEN BY THE
INSURER in the preceding calendar year and the number of policies represented by
that premium:

(i) in the State as a whole; and

(ii) in Baltimore City.

[(c)] (D) The data shall be submitted by each rating territory or each zip code,
or both.

[(d)] (E) Failure by the insurer or the Maryland Automobile Insurance Fund
to submit the data required under this section on a timely basis is grounds for the
imposition of the penalties provided in §§ 4-113 and 4-114 of this article.

11-326.

(a) (1) Notwithstanding any other provision of law, any data, documents, or
other information filed with the Commissioner under Part IV of this subtitle about a
particular insurer or that insurer's market share or plan:

(i) shall be considered confidential commercial information;

(ii) shall be kept confidential by the Commissioner; and

(iii) may not be made public or be subject to subpoena, other than by
the Commissioner for the purpose of enforcement of Part IV of this subtitle by the
Commissioner.

(2) The Commissioner:

(i) may release a list of the names of all insurers designated as
major insurers; and

(ii) may not release the particular market share of a major insurer
in Baltimore City unless authorized by the insurer.

(b) (1) On or before July 1, 1997, the Commissioner shall submit a report to
the Governor and, subject to § 2-1246 of the State Government Article, the General
Assembly about the availability and affordability of private passenger motor vehicle
insurance in Baltimore City.

(2) The report shall provide information on:

(i) the number of insurers actively engaged in providing coverage
in Baltimore City;

(ii) the market shares of insurers in the market in Baltimore City;

(iii) the changes in market shares of insurers in the market in
Baltimore City; and

 

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Session Laws, 1999
Volume 796, Page 1841   View pdf image
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