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Session Laws, 1996
Volume 794, Page 2781   View pdf image
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PARRIS N. GLENDENING, Governor                             Ch. 456

Article 48A - Insurance Code

14A.

[(e) (1) The Commissioner shall publish an annual report on January 31 of each
year detailing 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]

23.

(1)     As early in each fiscal year as is reasonably possible, the Commissioner shall
prepare an annual report regarding the previous fiscal year that includes:

(a)     A list of the authorized insurers transacting insurance business in
Maryland, with such summary of their financial statement as he deems appropriate;

(b)     Names of all insurers whose business was closed during the year, the
cause thereof, and the amount of assets and liabilities as ascertainable;

(c)     Names of insurers against which delinquency or similar proceedings
were instituted, and a concise statement of the facts with respect to each such proceeding
and the status thereof;

(D) A LIST OF THE RULINGS AND DECISIONS MADE IN CASES BEFORE
THE ADMINISTRATION IN THE PRIOR FISCAL YEAR;

[(d)](E) A statement of all fees, taxes, and administrative fines and
penalties received by the Commissioner and deposited into the General Fund;

[ (e)] (F) Recommendations of the Commissioner as to:

(1)      [amendments or supplementation of] AMENDMENTS TO laws
affecting insurance[, and as to matters]; AND

(2)     MATTERS affecting the [Division] ADMINISTRATION; and

[(f)] (G) Such other pertinent information and matters as the Commissioner
deems proper.

(2)     (a) (i) By December 1, 1995, the Commissioner shall prepare a report
recommending any changes that the Commissioner deems to be appropriate under §§ 48
and 49 of this article.

(ii) The Commissioner shall prepare a similar report at least once
every 5 years thereafter.

(b) This report, when required, may be prepared in conjunction with the
annual report required under subsection (1) of this section.

(3)     Reports required under this section shall be submitted to the Governor and,
subject to § 2-1312 of the State Government Article, to the General Assembly.

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Session Laws, 1996
Volume 794, Page 2781   View pdf image
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