WILLIAM DONALD SCHAEFER, Governor                   Ch. 596

1.  The profitability and competitiveness
of each line;

2.  The extent to which rates for each
line have increased or decreased over the previous year; and

3.  The extent to which investment income
offsets underwriting loss in each line; and

(iii) Recommendations, if appropriate, for
statutory or administrative changes that can reduce or contain
the cost of those lines of insurance that are subject to the
provisions of this section; and

(3) Make the report available to any person on
request.

SECTION 3. AND BE IT FURTHER ENACTED, That there shall be a
Tort and Insurance Reform Oversight Committee consisting of the
following members appointed by the President of the Senate of
Maryland and the Speaker of the House of Delegates:

(1) 2 members of the Senate of Maryland

(2) 2 members of the Senate of Maryland;

(3) 1 representative of the Maryland business

community;

(4) 1 representative of the Maryland labor

organizations;

(5) 1 representative of the Maryland plaintiffs'
trial bar;

(6) 1 representative of the Maryland defendants'
trial bar;

(7) 1 member of the public;

(8) 1 member of the liability insurance industry; and

(9) 1 representative of the medical community.

(1) 3 members each from the Judicial Proceedings,
Finance, and Economic and Environmental Affairs Committees, to be
appointed by the President of the Senate; and

(2) 3 members each from the Judiciary, Economic
Matters, and Environmental Matters Committees, to be appointed by
the Speaker of the House of Delegates.

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