2408                                    LAWS OF MARYLAND                                 Ch. 610

substituted insurer and the amount of the premium to be
charged, and if the amount of premium is less than that set
forth in the notice of proposed insurance, an appropriate
refund shall be made.

436H.

(f)   If a group policy of credit life insurance, [or]
credit health insurance, OR INVOLUNTARY UNEMPLOYMENT BENEFIT
INSURANCE

(1)  Has been delivered in this State before the
effective date of this subtitle, or

(2)  Has been or is delivered in another state
before or after the effective date of this subtitle, the
insurer shall be required to file only the group certificate
and notice of proposed insurance, delivered or issued for
delivery in this State as specified in subsections (b) and
(d) of § 436G of this article and such forms shall be
approved by the Commissioner if they conform with the
requirements specified in said subsections and if the
schedules of premium rates applicable to the insurance
evidenced by the certificate or notice are not in excess of
the insurer's schedules of premium rates filed with the
Commissioner; provided, however, the premium rate in effect
on existing group policies may be continued until the first
policy anniversary date following the date this subtitle
becomes operative as provided in § 436M of this article.

(g)  For the purpose of assuring that the credit life,
[and] credit health, OR INVOLUNTARY UNEMPLOYMENT BENEFIT
insurance operations of the insurer do not result in rates
which are excessive in relation to benefits, do not endanger
the solvency of the insurer so as to render its transaction
of business hazardous to its policyholders or the public,
and do not adversely affect other classes of business of the
insurer, the Commissioner may establish:

(1)  Maximum rates of commission, COMPENSATION,
AND REMUNERATION which may be paid to agents or brokers; and

(2)  Standards for maximum amounts of dividends,
retrospective rate credits, and any other form of refund or
benefit to policyholders.

436-I.

(a) Any insurer may revise its schedules of premium

rates from time to time, and shall file the revised
schedules with the Commissioner for approval. No insurer
shall issue any credit life insurance policy, [or] credit
health insurance policy, OR INVOLUNTARY UNEMPLOYMENT BENEFIT
INSURANCE POLICY for which the premium rate exceeds that
determined by the schedules of the insurer then on file with
the Commissioner.