Ch. 352                                        1995 LAWS OF MARYLAND

(3) "COMPETITIVE URBAN MARKET SHARE" MEANS, IN EACH
CALENDAR YEAR, A MARKET SHARE OF PRIVATE PASSENGER PREMIUM WRITTEN
BY A MAJOR INSURER IN BALTIMORE CITY THAT EQUALS OR EXCEEDS 75% OF THE
MARKET SHARE OF PRIVATE PASSENGER PREMIUM WRITTEN BY THE MAJOR
INSURER IN THE STATE OTHER THAN BALTIMORE CITY.

(4) "INSURER" MEANS ANY PERSON ISSUING OR DELIVERING PRIVATE
PASSENGER MOTOR VEHICLE INSURANCE POLICIES IN THIS STATE.

(5) "MAJOR INSURER" MEANS ANY INSURER INCLUDING ANY
AFFILIATE OR SUBSIDIARY OF THAT INSURER THAT HAS WRITTEN AN AMOUNT OF
PRIVATE PASSENGER PREMIUM IN THE STATE THAT TOTALS 0.5% OR MORE OF THE
TOTAL PREMIUM OF PRIVATE PASSENGER PREMIUM WRITTEN IN THIS STATE BY
ALL INSURERS, INCLUDING THE MARYLAND AUTOMOBILE INSURANCE FUND.

(6) "PRIVATE PASSENGER PREMIUM" MEANS, IN ANY CALENDAR YEAR,
THE DIRECT WRITTEN PREMIUM DERIVED FROM THE SALE OF PRIVATE PASSENGER
MOTOR VEHICLE INSURANCE POLICIES.

(7) "SUBSIDIARY" HAS THE MEANING SET OUT UNDER § 492(J) OF THIS
ARTICLE.

(B) THIS SECTION AND SECTIONS 245A AND 245B OF THIS SUBTITLE APPLY TO
ANY INSURER THAT WRITES PRIVATE PASSENGER MOTOR VEHICLE INSURANCE IN
THIS STATE.

(C) (1) ON OR BEFORE EACH JULY 1, EACH INSURER SHALL FILE DATA
REGARDING THE GEOGRAPHIC DISTRIBUTION OF PRIVATE PASSENGER PREMIUM
WRITTEN BY THE INSURER IN MARYLAND FOR THE PRECEDING CALENDAR YEAR.

(2)      THE DATA REQUIRED UNDER THIS SUBSECTION SHALL:

(I) BE FILED WITH THE COMMISSIONER IN THE FORM SPECIFIED
BY THE COMMISSIONER; AND

(II) AT A MINIMUM, DETAIL THE AMOUNT OF PRIVATE PASSENGER
PREMIUM WRITTEN BY THE INSURER IN THE PRECEDING CALENDAR YEAR AND
THE NUMBER OF POLICIES REPRESENTED BY THAT PREMIUM:

1. IN THE STATE AS A WHOLE; AND

2. IN EACH COUNTY OF THE STATE AND BALTIMORE CITY.

(3)      THE COMMISSIONER MAY REQUIRE THAT THE DATA BE SUBMITTED
BY RATING TERRITORY, POLITICAL JURISDICTION, POSTAL ZIP CODE, OR ANY
OTHER METHOD THE COMMISSIONER DEEMS APPROPRIATE.

(4)      FAILURE BY AN INSURER TO SUBMIT THE DATA REQUIRED UNDER
THIS SUBSECTION ON A TIMELY BASIS IS GROUNDS FOR THE IMPOSITION OF THE
PENALTIES PROVIDED IN §§ 55 AND 55A OF THIS ARTICLE.

(D) ON OR BEFORE EACH AUGUST 15, THE COMMISSIONER SHALL;

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