Ch. 456                                    1996 LAWS OF MARYLAND

Article - Insurance

2-110.

(a)     As early in each fiscal year as is reasonably possible' the Commissioner shall
prepare an annual report about the previous fiscal year that includes:

(1)     a list of the authorized insurers transacting insurance business in the
State, with any summary of their financial statements that the Commissioner considers
appropriate;

(2)     the name of each insurer whose business was closed during the year, the
cause of the closure, and the amount of assets and liabilities of the insurer that is
ascertainable;

(3) the name of each insurer against whom delinquency or similar
proceedings were initiated, a concise statement of facts about each delinquency or similar
proceeding, and the status of each proceeding;

(4) A LIST OF THE RULINGS AND DECISIONS MADE IN CASES BEFORE
THE ADMINISTRATION DURING THE YEAR;

[(4)] (5) a statement of all fees, taxes, and administrative fines and
penalties received by the Commissioner and deposited into the General Fund of the
State;

[(5)] (6) the ratio of complaints filed during the calendar year against each
insurer for each major line of insurance written by the insurer and a summary of the
resolution of the complaints;,

[(6)](7) recommendations of the Commissioner about changes in the laws
affecting insurance and about matters affecting the Administration; and

[(7)] (8) any other relevant information that the Commissioner considers
proper.

(b)     (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) (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)](C) 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.

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