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Ch. 350 2006 LAWS OF MARYLAND
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1. is approved by the Commissioner under § 27-603 of this
subtitle; and
2. provides that each insured affected by the plan of
withdrawal shall be sent by certificate of mailing MAIL at least 45 days before the
nonrenewal of the policy a written notice that states the date that the policy will be
nonrenewed and that the nonrenewal is the result of the withdrawal of the insurer
from the market.
(c) (1) At least 45 days before the proposed effective date of the action, an
insurer that intends to take an action subject to this section [must] SHALL send
written notice of its proposed action to the insured at the last known address of the
insured:
(i) for notice of cancellation or nonrenewal, by certified mail; and
(ii) for all other notices of actions subject to this section, by
certificate of mailing MAIL.
(2) The notice must be in triplicate and on a form approved by the
Commissioner.
(3) The notice must state in clear and specific terms:
(i) the proposed action to be taken, including[:
1. for a premium increase, the amount of the increase and
the type of coverage to which it is applicable; and
2.] for a reduction in coverage, the type of coverage reduced
and the extent of the reduction;
(ii) the proposed effective date of the action;
(iii) subject to paragraph (4) of this subsection, the actual reason of
the insurer for proposing to take the action;
(iv) if there is coupled with the notice an offer to continue or renew
the policy in accordance with § 27-606 of this subtitle:
1. the name of the individual or individuals to be excluded
from coverage; and
2. the premium amount if the policy is continued or renewed
with the named individual or individuals excluded from coverage;
(v) the right of the insured to replace the insurance through the
Maryland Automobile Insurance Fund and the current address and telephone number
of the Fund;
(vi) the right of the insured to protest the proposed action of the
insurer and[, except in the case of a premium increase of 15% or less for the entire
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