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Session Laws, 1987
Volume 769, Page 220   View pdf image
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Ch. 11

LAWS OF MARYLAND

(a) The provisions of §§ 468B through 468H of [Article 48A]
THIS ARTICLE, known as the Medicare Supplement and Specified
Disease Act, shall apply to any Medicare supplement group and
blanket policies and certificates issued by insurers subject to
this subtitle.

DRAFTER'S NOTE: This corrects a stylistic error in a
cross-reference in Article 48A, § 477V(a).

The stylistic error occurred in Ch. 265 of the Acts of
1981.

The stylistic error was noted by the Michie Company.

477FF.

(a) (6) "Unfair discrimination" means any act, method of
competition, or practice- engaged in by an insurer, which is
prohibited by Sections 217 through 234, inclusive, of this
[subtitle] ARTICLE or any act, method of competition, or practice
not specified in Sections 217 through 234, inclusive, OF THIS
ARTICLE that the Commissioner believes is unfair or deceptive and
which results in the institution of an action by the Commissioner
under Section 216 of this [subtitle] ARTICLE.

DRAFTER'S NOTE: This corrects errors and a stylistic error
in cross-references in Article 48A, § 477FF(a)(6).

The errors and the stylistic error occurred in Ch. 726
of the Acts of the Regular Session of 1985.

The errors were noted by the Michie Company. The
stylistic error was noted by the professional staff of
the Legislative Division of the Department of
Legislative Reference..

[478E.

(1) There is hereby created a fund to be known as the
"Maryland Insurance Development Fund" for the purpose of
providing financial backup to enable insurers to qualify for riot
and civil disorder reinsurance under the Urban Property
Protection and Reinsurance Act of 1968 or any other act of the
Congress of the United States which will similarly provide
reinsurance or financial backup to accomplish the purposes of
this subtitle. The Fund shall be used to make payments as may be
required of the State under the federal reinsurance plan to any
federal reinsurance entity, or to an insurer or the association
for losses sustained in excess of the amount of retention of such
losses as shall be provided for by the Commissioner; provided,
however, that the amount of such payments or reimbursement in any
one year shall in no event exceed five percent of the aggregate
property insurance premiums earned in this State in the most

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Session Laws, 1987
Volume 769, Page 220   View pdf image
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