Ch. 36

1995 LAWS OF MARYLAND

(6)      RECOMMENDATIONS OF THE COMMISSIONER ABOUT CHANGES IN
THE LAWS AFFECTING INSURANCE AND ABOUT MATTERS AFFECTING THE
ADMINISTRATION; AND

(7)     ANY OTHER RELEVANT INFORMATION THAT THE COMMISSIONER
CONSIDERS PROPER.

(B)     REPORT ABOUT CHANGES IN REQUIREMENTS FOR CAPITAL STOCK AND
SURPLUS ASSETS OR FUNDS.

(1)      AT LEAST ONCE EVERY 5 YEARS AFTER DECEMBER 1, 1995, THE
COMMISSIONER SHALL PREPARE A REPORT RECOMMENDING ANY CHANGES THAT
THE COMMISSIONER CONSIDERS APPROPRIATE UNDER §§ 4-104 AND 4-105 OF THIS
ARTICLE.

(2)      WHEN REQUIRED, THE REPORT DESCRIBED IN PARAGRAPH (1) OF
THIS SUBSECTION MAY BE PREPARED WITH THE ANNUAL REPORT REQUIRED BY
SUBSECTION (A) OF THIS SECTION.

(C)     REPORT ON RULINGS AND DECISIONS.

(1)      ON JANUARY 31 OF EACH YEAR, THE COMMISSIONER SHALL
PUBLISH AN ANNUAL REPORT THAT DETAILS THE RULINGS AND DECISIONS MADE
IN CASES BEFORE THE ADMINISTRATION IN THE PRIOR CALENDAR YEAR.

(2)     THE ADMINISTRATION MAY CHARGE A FEE FOR COPIES OF THE
REPORT PROVIDED TO THE PUBLIC.

(D)     SUBMISSION TO GOVERNOR AND GENERAL ASSEMBLY.

REPORTS REQUIRED UNDER SUBSECTION (A) OR (B) OF THIS SECTION SHALL
BE SUBMITTED TO THE GOVERNOR AND, SUBJECT TO § 2-1312 OF THE STATE
GOVERNMENT ARTICLE, THE GENERAL ASSEMBLY.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, §§ 23, 14A(e), and 653(b)(2).

In subsection (a)(6) of this section, the word "changes" is substituted for the
former words "amendments or supplementation" for brevity.

Also in subsection (a)(6) of this section, the defined term "Administration" is
substituted for the former obsolete term "Division" for accuracy.

In subsection (a)(7) of this section, the former word "matters" is deleted as
included in the word "information".

In subsection (b)(1) of this section, the former requirement to submit an
initial report by "December 1, 1995" is deleted as obsolete.

The Insurance Article Review Committee notes, for consideration by the
General Assembly, that the reference, in subsection (a)(5) of this section, to
the "ratio of complaints filed ... against each insurer for each major line of
insurance written by the insurer" is unclear. The provision does not explain to

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