Ch. 36

1995 LAWS OF MARYLAND

EACH AFFILIATE IN AN INSURANCE HOLDING COMPANY SYSTEM SHALL GIVE
AN INSURER SUBJECT TO REGISTRATION UNDER THIS SUBTITLE THAT IS IN THE
SAME INSURANCE HOLDING COMPANY SYSTEM COMPLETE AND ACCURATE
INFORMATION IF THAT INFORMATION IS REASONABLY NECESSARY TO ENABLE THE
INSURER TO COMPLY WITH THIS SUBTITLE.

(C)     COPY OF STATEMENT FILED WITH OTHERS.

EACH INSURER REQUIRED TO REGISTER UNDER THIS SUBTITLE SHALL:

(1)      FILE WITH THE NATIONAL ASSOCIATION OF INSURANCE
COMMISSIONERS A COPY OF THE REGISTRATION STATEMENT REQUIRED BY
SUBSECTION (A) OF THIS SECTION; AND

(2)      ON REQUEST OF THE COMMISSIONER OF ANY STATE WHERE THE
INSURER IS AUTHORIZED TO DO BUSINESS, FILE WITH THAT COMMISSIONER A COPY
OF THE REGISTRATION STATEMENT SUMMARY REQUIRED BY SUBSECTION (A)(6) OF
THIS SECTION.

(D)     CONSOLIDATED FILING.

THE COMMISSIONER MAY ALLOW OR REQUIRE AFFILIATED INSURERS
SUBJECT TO REGISTRATION UNDER THIS SUBTITLE TO FILE A CONSOLIDATED
REGISTRATION STATEMENT.

(E)     STATEMENT FILED IN OTHER JURISDICTION.

THE COMMISSIONER MAY REQUIRE AN INSURER THAT IS A MEMBER OF AN
INSURANCE HOLDING COMPANY SYSTEM AND THAT IS NOT SUBJECT TO
REGISTRATION UNDER THIS SUBTITLE TO PROVIDE TO THE COMMISSIONER A COPY
OF THE REGISTRATION STATEMENT OR OTHER INFORMATION THAT THE INSURER
FILES WITH THE COMMISSIONER OF THE INSURER'S DOMICILIARY JURISDICTION.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 495(a)(2) and (4), (b), (c), (e), and (g).

In subsection (a)(4)(v) through (viii) of this section, the former word "all" is
deleted as surplusage.

In subsection (a)(5) of this section, the reference to matters that "the
registration statement form requires" is substituted for the former reference
to those "as may be included from time to time in any registration forms
adopted or approved by the Commissioner" for clarity and brevity.

In subsection (b) of this section, the reference to an "affiliate" in an insurance
holding company system is substituted for the former word "person" for
clarity.

Also in subsection (b) of this section, the phrase "subject to registration" is
applied to the insurer that must comply with the title, rather than, as formerly,
to an insurance holding company system, for clarity.

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