3434
LAWS OF MARYLAND
Ch. 737
(4) ANY OTHER RELEVANT MATTERS REQUIRED BY THE
COMMISSIONER.
(C) A RULE ADOPTED UNDER THIS SECTION SHALL EXPIRE NOT MORE
THAN 1 YEAR AFTER ISSUE. THE COMMISSIONER MAY RENEW IT AFTER A
HEARING AND APPROPRIATE FINDINGS UNDER THIS SECTION.
(D) WHENEVER A FILING IS NOT ACCOMPANIED BY THE INFORMATION
AS THE COMMISSIONER HAS REQUIRED UNDER SUBSECTION (A) OF THIS
SECTION, THE COMMISSIONER MAY SO INFORM THE INSURER AND THE
FILING SHALL BE DEEMED TO BE MADE WHEN THE INFORMATION IS
FURNISHED.
244L.
(A) NO RATING ORGANIZATION SHALL PROVIDE ANY SERVICE
RELATING TO THE RATES OF ANY INSURANCE SUBJECT TO THIS SUBTITLE,
AND NO INSURER SHALL UTILIZE THE SERVICE OF SUCH ORGANIZATION FOR
THOSE PURPOSES UNLESS THE ORGANIZATION HAS OBTAINED A LICENSE
UNDER § 242(G) OF THIS ARTICLE.
(B) NO RATING ORGANIZATION SHALL REFUSE TO SUPPLY SERVICES
FOR WHICH IT IS LICENSED IN THIS STATE TO ANY INSURER AUTHORIZED
TO DO BUSINESS IN THIS STATE AND OFFERING TO PAY THE FAIR AND
USUAL COMPENSATION FOR THE SERVICES.
(C) ADVISORY ORGANIZATIONS HAVE THE SAME AUTHORITY AND
FUNCTIONS UNDER THIS SUBTITLE AS UNDER § 242(E) OF THIS ARTICLE.
244M.
(A) IN THIS SECTION, THE WORD "INSURER" INCLUDES 2 OR MORE
AFFILIATED INSURERS (I) UNDER COMMON MANAGEMENT, OR (II) UNDER
COMMON CONTROLLING OWNERSHIP OR UNDER OTHER COMMON EFFECTIVE
LEGAL CONTROL AND IN FACT ENGAGED IN JOINT OR COOPERATIVE
UNDERWRITING, INVESTMENT MANAGEMENT, MARKETING, SERVICING, OR
ADMINISTRATION OF THEIR BUSINESS AND AFFAIRS AS INSURERS.
(B) AN INSURER OR RATING ORGANIZATION MAY NOT:
(1) MONOPOLIZE OR ATTEMPT TO MONOPOLIZE, OR COMBINE
OR CONSPIRE WITH ANY OTHER PERSON OR PERSONS, OR MONOPOLIZE THE
BUSINESS OF INSURANCE OR ANY KIND, SUBDIVISION, OR CLASS THEREOF;
(2) AGREE WITH ANY OTHER INSURER OR RATING
ORGANIZATION TO CHARGE OR ADHERE TO ANY RATE, ALTHOUGH INSURERS
AND RATING ORGANIZATIONS MAY CONTINUE TO EXCHANGE STATISTICAL
INFORMATION;
(3) MAKE ANY AGREEMENT WITH ANY OTHER INSURER, RATING
ORGANIZATION, OR OTHER PERSON TO UNREASONABLY RESTRAIN TRADE;
(4) MAKE ANY AGREEMENT WITH ANY OTHER INSURER, RATING
ORGANIZATION, OR OTHER PERSON WHERE THE EFFECT OF THE AGREEMENT
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