Ch. 635

1995 LAWS OF MARYLAND

(13)   Is not or does not intend to carry on business in good faith and hold
himself out to the public as an agent or broker; or

(14)   Has been refused a license or certificate or had his license suspended or
revoked in another state; or

(15)   Has intentionally or wilfully made or issued, or caused to be made or
issued, any statement materially misrepresenting or making incomplete comparisons
regarding the terms or conditions of any policy or contract issued by any authorized
insurer, for the purpose of inducing or attempting to induce the owner of such policy or
contract to forfeit or surrender such contract or allow it to lapse for the purpose of
replacing such policy or contract with another; or

(16)   Has transacted insurance business which was directed to him for
consideration by a person whose license or certificate to engage in the insurance business,
at that time, was suspended or revoked and the applicant for or holder of such license or
certificate knew or should have known that the person's license or certificate was
suspended or revoked; or

(17)   If applying for renewal of an agent's certificate, has not held an
appointment with an insurer for more than 2 years from the date of renewal; or

(18)   Has solicited, procured, or negotiated for an unauthorized insurer
insurance contracts, including contracts for nonprofit health service plans, dental plan
organizations, and health maintenance organizations; OR

(19)    HAS KNOWINGLY EMPLOYED OR KNOWINGLY CONTINUED TO
EMPLOY AN INDIVIDUAL ACTING IN A FIDUCIARY CAPACITY WHO HAS BEEN
CONVICTED OF A FELONY OR CRIME OF MORAL TURPITUDE WITHIN THE PRECEDING
10 YEARS.

(B) SUBJECT TO THE HEARING PROVISIONS OF §§ 35 THROUGH 39 OF THIS
ARTICLE, THE COMMISSIONER MAY SUSPEND OR REVOKE THE CERTIFICATE OF
QUALIFICATION OF A CORPORATION OR PARTNERSHIP FOR ANY VIOLATION OF
THIS SUBTITLE BY AN AGENT, BROKER, DIRECTOR, OFFICER, OR PARTNER OF A
PARTNERSHIP OR A CORPORATION.

175A.

In lieu of or in addition to, suspension or revocation of the certificate of an agent or
broker, the Commissioner may impose a penalty of not less than $100 nor more than $500
for each violation of § 175 of this article from the agent or broker whose certificate is
subject to suspension or revocation under this article.

486.

Premiums for title insurance shall be clearly set out and subject to the approval of
the Commissioner.

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