PARRIS N. GLENDENING, Governor

Ch. 35

27-206. BOYCOTT, COERCION, AND INTIMIDATION.

A PERSON MAY NOT ENTER INTO AN AGREEMENT TO COMMIT, OR BY
CONCERTED ACTION COMMIT, AN ACT OF BOYCOTT, COERCION, OR INTIMIDATION
THAT RESULTS IN OR TENDS TO RESULT IN UNREASONABLE RESTRAINT OF OR
MONOPOLY IN THE BUSINESS OF INSURANCE.

REVISOR'S NOTE: This section formerly was Art. 48A, § 220.

The only changes are in style.

Defined terms: "Insurance" § 1-101
"Person" § 1-101

27-207. STOCK AND CONTRACTS AS INDUCEMENT TO INSURANCE.

A PERSON MAY NOT ISSUE, DELIVER, OR ALLOW AN AGENT, OFFICER, OR
EMPLOYEE OF THE PERSON TO ISSUE OR DELIVER AGENCY COMPANY STOCK OR
OTHER CAPITAL STOCK, BENEFIT CERTIFICATES OR SHARES IN A CORPORATION, OR
AN ADVISORY BOARD CONTRACT OR OTHER SIMILAR CONTRACT THAT PROMISES
RETURNS AND PROFITS AS AN INDUCEMENT TO INSURANCE.

REVISOR'S NOTE: This section formerly was Art. 48A, § 222.

The former reference to a "common-law" corporation is deleted as
meaningless because all corporations are created under statutory law rather
than common law.

The former phrase "of any kind", which modified "other similar contract", is
deleted as surplusage.

The only other changes are in style.

Defined terms: "Insurance" § 1-101
"Person" § 1-101

27-208, UNFAIR DISCRIMINATION — LIFE INSURANCE, HEALTH INSURANCE, AND
ANNUITIES.

(A) LIFE INSURANCE AND ANNUITY CONTRACTS.

(1) A PERSON MAY NOT MAKE OR ALLOW UNFAIR DISCRIMINATION
BETWEEN INDIVIDUALS OF THE SAME CLASS AND EQUAL EXPECTATION OF LIFE IN:

(I) THE RATES CHARGED FOR A CONTRACT OF LIFE INSURANCE
OR AN ANNUITY CONTRACT;

(II) THE DIVIDENDS OR OTHER BENEFITS PAYABLE ON A
CONTRACT OF LIFE INSURANCE OR AN ANNUITY CONTRACT; OR

(III) ANY OF THE OTHER TERMS OR CONDITIONS OF A CONTRACT
OF LIFE INSURANCE OR AN ANNUITY CONTRACT.

(2) (I) NOTWITHSTANDING ANY OTHER PROVISION OF THIS SECTION,
AN INSURER MAY NOT MAKE OR ALLOW A DIFFERENTIAL IN RATINGS, PREMIUM

- 1207 -