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Session Laws, 1986
Volume 768, Page 2342   View pdf image
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2342                                          LAWS OF MARYLAND                                      Ch. 638

purpose of purchasing casualty or property insurance;
providing that certain pooling arrangements by public
entities do not constitute an insurance business or
fictitious group; requiring certain insurers to report
certain claims for medical malpractice to certain health
occupational boards; providing a penalty for failure to
report; defining a certain term; and generally relating to
the regulation of liability insurance.

BY repealing and reenacting, with amendments,

Article 48A - Insurance Code

Section 8, 231, 242(d), and 490B

Annotated Code of Maryland

(1979 Replacement Volume and 1985 Supplement)

BY adding to

Article 48A - Insurance Code

Section 244W and 482B

Annotated Code of Maryland

(1979 Replacement Volume and 1985 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 48A - Insurance Code

8.

(A)  The "insurance business" includes the transaction of
all matters pertaining to a contract of insurance, both prior to
and subsequent to the effectuation of such a contract, and all
matters arising out of such a contract or any claim thereunder.

(B)  THE "INSURANCE BUSINESS" DOES NOT INCLUDE THE POOLING
TOGETHER BY PUBLIC ENTITIES FOR THE PURPOSE OF SELF-INSURING
CASUALTY RISKS.

231.

(a)  No insurer, whether an authorized insurer or an
unauthorized insurer, shall make available through any rating
plan or form, property, casualty or surety insurance, to any
firm, corporation, or association of individuals, any preferred
rate or premium based upon any fictitious group of such firm,
corporation, or association of individuals.

(b)  No form or plan of insurance covering any group or
combination of persons or risks shall be written or delivered
within or without this State to cover persons or risks in this
State at any preferred rate or on any form other than as offered

 

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Session Laws, 1986
Volume 768, Page 2342   View pdf image
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