|
|
|
|
|
|
|
|
|
|
|
|
|
ROBERT L. EHRLICH, JR., Governor Ch. 388
is a conclusive presumption that an insurer or insurance producer has complied
with certain provisions of law; providing that an insurer or insurance producer
has the burden of demonstrating, in accordance with the Maryland Rules of
Evidence or as otherwise provided by law, that the statement was mailed to an
applicant or insured providing that if a certain application is made using- the
Internet, an insurer or insurance producer is deemed to be in compliance with
certain provisions of this Act if the insurer or insurance producer provides a
certain statement of additional optional coverage to an applicant at a certain
time; requiring certain disclosures and information to be included in the
statement; authorizing a certain statement required to be sent by certificate of
mailing to be sent with a certain notice; providing for the application of this Act;
defining certain terms; providing for a delayed effective date; and generally
relating to homeowner's insurance.
BY renumbering
Article - Insurance
Section 19-201 through 19-203, respectively
to be Section 19-202 through 19-204, respectively
Annotated Code of Maryland
(2002 Replacement Volume and 2005 Supplement)
BY adding to
Article - Insurance
Section 19-201 and 19-205 through 19-207, inclusive
Annotated Code of Maryland
(2002 Replacement Volume and 2005 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section(s) 19-201 through 19-203, respectively, of Article -
Insurance of the Annotated Code of Maryland be renumbered to be Section(s) 19-202
through 19-204, respectively.
SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:
Article - Insurance
19-201.
(A) IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.
(B) "ADDITIONAL OPTIONAL COVERAGE" MEANS A COVERAGE OR SERVICE
THAT COVERS THE STRUCTURES, CONTENTS, PROPERTY, OR ACTIVITIES ON
PROPERTY THAT IS AVAILABLE FOR PURCHASE IN CONNECTION WITH A STANDARD
HOMEOWNER'S INSURANCE POLICY.
(C) "INSURER" MEANS AN INSURER THAT ISSUES OR DELIVERS A POLICY OF
HOMEOWNER'S INSURANCE IN THE STATE.
- 2101 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
