3944
VETOES
The Honorable Benjamin L. Cardin
Speaker of the House of Delegates
State House
Annapolis, Maryland 21404
Dear Mr. Speaker:
In accordance with Article II, Section 17 of the Maryland
Constitution, I have today vetoed House Bill 572.
This bill creates the Commercial Casualty Underwriting
Association, a mechanism for the establishment of an
availability program for commercial casualty insurance.
Senate Bill 279, which was passed by the General Assembly
and signed by me on May 27, 1986, accomplishes the same purpose.
Therefore, it is not necessary for me to sign House Bill 572.
Sincerely,
Harry Hughes
Governor
House Bill No. 572
AN ACT concerning
Commercial Casualty Joint Underwriting Association
FOR the purpose of creating the Commercial Casualty Joint
Underwriting Association to provide a mechanism for the
payment of certain indemnities to certain persons and for
enabling commercial entities to obtain insurance against
liability for certain injuries; providing that the
Association shall be activated under certain circumstances
for the function, structure, and duties of the Association;
providing that the Association be administered by a Board of
Governors and providing for the membership of the Board;
providing that the Insurance Commissioner has certain powers
and duties; providing for membership in the Association;
providing for the establishment of certain subpools;
providing for a certain program of operation and its for
certain plans of operation and for their applicability;
providing for the participation of insurers in the expenses,
profits, and losses of the Association; providing for a rate
stabilization reserve fund for each subpool certain
assessments and recoupments; providing that this Act does
not apply to certain types of insurance; providing that the
Association is not a department, unit, agency, or
instrumentality of the State and that the State is not
responsible for the debts, claims, obligations, and
liabilities of the Association; providing for the
termination of this Act; providing that the Association may
enter into certain contracts; providing for certain
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