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Session Laws, 1997
Volume 795, Page 3959   View pdf image
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PARRIS N. GLENDENING, Governor

Ch. 685

(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
proc
eedings were initiated, a concise statement of facts about each delinquency or similar
proc
eeding, and the status of each proceeding;

(4) (I) a list of the rulings and decisions made in cases before the
Admini
stration during the year; AND

(II) A STATEMENT OF THE AMOUNT OF THE INSURANCE
REGULATION FEE DEPOSITED INTO TIE INSURANCE REGULATION FUND;

(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;

(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;

(7) recommendations of the Commissioner about changes in the laws
affecting insurance and about matters affecting the Admin
istration; and

(8) any other relevant information that the Commissioner considers proper.
[
2-112.

(a) Fees for the following certificates, licenses, and services shall be collected in
advance by the Commissioner, and shall be paid by the appropriate persons to the
Commissioner:

(1) fees for certificates of authority:

(i) application fee for initial certificate of authority, including filing
the application, articles of incorporation and other charter documents, except as provided
in item (2) of this subsection, bylaws, financial statement, examination report, power of
attorney to the Commissioner, and all other documents and filings in connection with the
application......................................................................................................................$1,000

(ii) fee for initial certificate of authority.........................................$200

(iii) fee for annual renewal of certificate of authority for all foreign
insurers and for domestic insurers with their home or executive office in the State..$500

(iv) fee for annual renewal of certificate of authority for domestic
insurers with their home or executive office outside the State, except those domestic
insurers that had their home or executive office outside the State before January 1, 1929:

1.       with premiums written in the most recent calendar year not
exceeding $500,000........................................................................................................$2,500

2.       with premiums written in the most recent calendar year not
exceeding $1,000,000....................................................................................................$5,000

- 3959 -

 

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Session Laws, 1997
Volume 795, Page 3959   View pdf image
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