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Session Laws, 1995
Volume 793, Page 1090   View pdf image
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Ch. 36

1995 LAWS OF MARYLAND

(4) ALL CLAIMS FILES ARE PROPERTY OF THE INSURER EXCEPT, IF THE
COMMISSIONER OBTAINS AN ORDER OF LIQUIDATION, REHABILITATION,
REORGANIZATION, OR CONSERVATION AGAINST AN INSURER, THE CLAIMS FILES
BECOME THE PROPERTY OF THE PERSON APPOINTED LIQUIDATOR,
REHABILITATOR, CONSERVATOR, OR RECEIVER.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 668.

In subsections (b)(2)(ii) and (d)(3)(ii) of this section, the former references to
the "pendency" of a dispute are deleted as unnecessary in light of the phrase
"during a dispute".

In subsection (b)(9) of this section, the former phrase "but not limited to" is
deleted as unnecessary in light, of Art. 1, § 30 of the Code, which provides that
the term "including" is used "by way of illustration and not by way of
limitation".

In subsection (b)(12) of this section, the former phrase "in existence" is
deleted as surplusage.

Subsection (d)(1) of this section is revised in the active voice to clarify that the
managing general agent must report all claims. Similarly, subsection (d)(3)(i)
of this section is revised to clarify that the insurer may terminate settlement
authority.

Defined terms: "Casualty insurance" § 1-101
"Commissioner" § 1-101
"Insurer" § 1-101

"Managing general agent" § 8-201                   

"Person" § 1-101
"Policy" § 1-101
"Property insurance" § 1-101
"Underwrite" § 8-201

8-209. PROHIBITED ACTIVITIES OF MANAGING GENERAL AGENT.

(A) IN GENERAL.

A MANAGING GENERAL AGENT MAY NOT:

(1)     COMMIT THE INSURER TO PARTICIPATE IN INSURANCE OR
REINSURANCE SYNDICATES;

(2)     APPOINT OR HIRE AN AGENT TO SOLICIT, PROCURE, OR NEGOTIATE
INSURANCE CONTRACTS FOR THE INSURER WITHOUT ENSURING THAT THE AGENT
IS QUALIFIED UNDER TITLE 10, SUBTITLE. 1 OF THIS ARTICLE;

(3)     TAKE AN ACTION THAT WOULD VIOLATE § XX-XXX OF THIS
ARTICLE [48A, § 234B] IF TAKEN DIRECTLY BY THE INSURER;

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Session Laws, 1995
Volume 793, Page 1090   View pdf image
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