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Session Laws, 1995
Volume 793, Page 1094   View pdf image
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Ch. 36

1995 LAWS OF MARYLAND

8-212. CONFIDENTIALITY OF CONTRACTS.                 

(A)     IN GENERAL.

UNLESS THE INSURER TO WHICH A CONTRACT RELATES GIVES WRITTEN
CONSENT, THE CONTRACT BETWEEN A MANAGING GENERAL AGENT AND AN
INSURER OBTAINED BY THE COMMISSIONER DURING AN EXAMINATION OR
INVESTIGATION UNDER. THIS SUBTITLE, OR REPORTED OR FILED UNDER THIS
SUBTITLE:

(1)      SHALL BE TREATED CONFIDENTIALLY;

(2)      IS NOT SUBJECT TO SUBPOENA; AND

(3)      MAY NOT BE MADE PUBLIC BY THE COMMISSIONER, THE NATIONAL
ASSOCIATION OF INSURANCE COMMISSIONERS, OR ANY OTHER PERSON.

(B)     PUBLICATION OF CONTRACT.

THE COMMISSIONER MAY PUBLISH ALL OR PART OF A CONTRACT BETWEEN A
MANAGING GENERAL AGENT AND AN INSURER IN THE MANNER THAT THE
COMMISSIONER CONSIDERS APPROPRIATE IF, AFTER GIVING THE MANAGING
GENERAL AGENT AND INSURER NOTICE AND AN OPPORTUNITY TO BE HEARD, THE
COMMISSIONER FINDS THAT THE INTEREST OF THE POLICYHOLDERS OR THE
PUBLIC WILL BE SERVED BY PUBLICATION OF THE CONTRACT.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 674.

Defined terms: "Commissioner" § 1-101
"Insurer" § 1-101
"Managing general agent" § 8-201
"Person" § 1-101

8-213. SUBMANAGING GENERAL AGENTS TO COMPLY WITH SUBTITLE.

THE COMMISSIONER MAY REQUIRE A SUBMANAGING GENERAL AGENT
APPOINTED BY A MANAGING GENERAL AGENT TO COMPLY WITH ANY PROVISION
OF THIS SUBTITLE THAT APPLIES TO A MANAGING GENERAL AGENT.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 675.

Defined terms: "Commissioner" § 1-101
"Managing general agent" § 8-201

                                                             

SUBTITLE 3. THIRD PARTY ADMINISTRATORS.
8-301. DEFINITIONS.

(A) IN GENERAL.

IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE MEANINGS INDICATED.

- 1094 -

 

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Session Laws, 1995
Volume 793, Page 1094   View pdf image
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