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Session Laws, 1997
Volume 795, Page 1270   View pdf image
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Ch. 35

1997 LAWS OF MARYLAND

In subsection (b) of this section, the former word "actually", which modified
"required", is deleted as surplusage.

Defined terms: "Insurance" § 1-101
"Insurer" § 1-101
"Policy" § 1-101
"Premium" § 1-101

27-906. SAME — WARRANTY FOR AFTERMARKET CRASH PARTS.

AN INSURER THAT ISSUES OR DELIVERS IN THE STATE A POLICY OF MOTOR
VEHICLE LIABILITY INSURANCE THAT PROVIDES COVERAGE FOR THE REPAIR OF
PHYSICAL DAMAGE TO THE VEHICLE SHALL PROVIDE, ON REQUEST OF THE
INSURED, A COPY OF THE WARRANTY FOR AFTERMARKET CRASH PARTS, IF
AVAILABLE.

REVISOR'S NOTE: This section formerly was Art. 48A, § 240J.
The only changes are in style.

As to other provisions on warranties or aftermarket crash parts, see Title 14,
Subtitle 2 of the Commercial Law Article.

Defined terms: "Insurance" § 1-101
"Insurer" § 1-101
"Policy" § 1-101

27-907. PRIVATE PASSENGER MOTOR VEHICLE INSURANCE — DISCOUNT IN RATE.

AN INSURER THAT ISSUES OR RENEWS A PRIVATE PASSENGER MOTOR
VEHICLE INSURANCE POLICY IN THE STATE SHALL GIVE AN ACTUARIALLY
JUSTIFIED DISCOUNT IN RATE TO EACH INDIVIDUAL WHO HAS COMPLETED THE
IMMEDIATELY PRECEDING 3 YEARS OF CONTINUOUS COVERAGE WITH THAT
INSURER WITHOUT A MOVING TRAFFIC VIOLATION, WITH NOT MORE THAN ONE
POINT, AND WITH NO CHARGEABLE TRAFFIC ACCIDENT.

REVISOR'S NOTE: This section formerly was Art. 48A, § 240K.

The only changes are in style.

Defined terms: "Insurer" § 1-101
"Policy" § 1-101

27-908. SAME — UNDERWRITING STANDARDS FOR CANCELLATION OR
NONRENEWAL.

FOR PURPOSES OF THE CANCELLATION OR NONRENEWAL OF POLICIES OF
PRIVATE PASSENGER MOTOR VEHICLE INSURANCE, AND SUBJECT TO § 27-501 OF
THIS TITLE, AN INSURER MAY UTILIZE UNDERWRITING STANDARDS THAT HAVE
NOT BEEN SUBJECT TO STATISTICAL VALIDATION IF:

(1) THE STANDARDS ARE BASED ON FACTORS THAT ADVERSELY
AFFECT THE LOSSES OR EXPENSES OF INSURERS, AND THE STATISTICAL
VALIDATION IS NOT AVAILABLE OR IS UNDULY BURDENSOME TO PRODUCE; OR

- 1270 -

 

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Session Laws, 1997
Volume 795, Page 1270   View pdf image
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