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Session Laws, 1987
Volume 769, Page 2674   View pdf image
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Ch. 590                                    LAWS OF MARYLAND

(5) ANY OTHER. INFORMATION THAT THE COMMISSIONER
REQUESTS AND IS OTHERWISE ENTITLED TO RECEIVE UNDER THIS
SUBTITLE.

(D)  IF EACH RATE IN A SCHEDULE OF WORKERS' COMPENSATION
RATES FOR SPECIFIC CLASSIFICATIONS OF RISKS FILED BY AN INSURER
IS NOT LOWER THAN THE PROVISION FOR CLAIM PAYMENT CONTAINED IN
THE SCHEDULE OF WORKERS' COMPENSATION RATES FOR THOSE
CLASSIFICATIONS FILED BY A RATING ORGANIZATION UNDER SUBSECTION
(C) OF THIS SECTION AND APPROVED BY THE COMMISSIONER, THEN THE
SCHEDULE OF RATES FILED BY THE INSURER SHALL NOT BE SUBJECT TO
SUBSECTION (B) OF THIS SECTION BUT SHALL BECOME EFFECTIVE FOR THE
PURPOSES OF § 244E OF THIS SUBTITLE.

(E)  NOTWITHSTANDING SUBSECTION (D) OF THIS SECTION, THE
COMMISSIONER SHALL INVESTIGATE AND EVALUATE ALL WORKERS'
COMPENSATION FILINGS TO DETERMINE WHETHER THE FILINGS MEET THE
REQUIREMENTS OF THIS SUBTITLE.

(F)  NOTWITHSTANDING THE PROVISIONS OF SECTION 244E OF THIS
SUBTITLE, THE COMMISSIONER MAY REQUIRE ANY PERSON INSURER OR
RATING ORGANIZATION TO COMPLY WITH THE REQUIREMENTS OF
SUBSECTION (B) OF THIS SECTION IF THE COMMISSIONER HAS GOOD CAUSE
TO BELIEVE THAT A REASONABLE DEGREE OF COMPETITION DOES NOT EXIST
WITHIN A WORKERS' COMPENSATION INSURANCE MARKET.

244Z.

(A) IN THIS SECTION, "STATE" MEANS ANY STATE OF THE UNITED
STATES OR THE DISTRICT OF COLUMBIA.

(B) AN INSURER SHALL SUBMIT AN ANNUAL REPORT IN A. FORM
REQUIRED BY THE COMMISSIONER CONTAINING ITS LIABILITY INSURANCE
EXPERIENCE IN THIS STATE AND OTHER STATES.

(C) A REPORT FILED UNDER THIS SECTION SHALL COVER THE
FOLLOWING LINES OF INSURANCE:

(1)(I) COMMERCIAL AUTOMOBILE INSURANCE NO-FAULT
(PERSONAL INJURY PROTECTION);

(II) OTHER COMMERCIAL AUTOMOBILE INSURANCE
LIABILITY, INCLUDING COMMERCIAL AUTOMOBILE PHYSICAL DAMAGE;

(2) COMMERCIAL MULTIPLE PERIL INSURANCE;

(3) PRODUCTS LIABILITY INSURANCE;

(4) OTHER COMMERCIAL LIABILITY INSURANCE;
(5) WORKERS' COMPENSATION INSURANCE; AND

- 2674 -

 

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Session Laws, 1987
Volume 769, Page 2674   View pdf image
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