Ch. 35

1997 LAWS OF MARYLAND

RATE MAKING, BY COLLECTING AND PROVIDING LOSS OR EXPENSE STATISTICS OR
BY SUBMITTING RECOMMENDATIONS, BUT THAT DOES NOT MAKE FILINGS UNDER
THIS TITLE.

REVISOR'S NOTE: This subsection is new language derived without substantive
change from former Art. 48A, § 242(1)(1).

Defined terms: "Insurer" § 1-101
"Rate" § 11-101
"Rating organization" § 11-101

(C) RATE.

"RATE" MEANS RATE OF PREMIUM, POLICY OR MEMBERSHIP FEE, OR
ANOTHER CHARGE MADE BY AN INSURER FOR OR IN CONNECTION WITH AN
INSURANCE CONTRACT OR POLICY.

REVISOR'S NOTE: This subsection is new language derived without substantive
change from former Art. 48A, § 244A(d).

Under the former law, the term "rate" was defined only for purposes of
Subtitle 16B of former Art. 48A (Regulation of competitive rating), which is
revised as Subtitle 3 of this title. The term "rate" is revised to apply to the
entire title for consistency. No substantive change is intended.

The former phrase "of the kind to which this subtitle applies", which modified
"contract or policy of insurance", is deleted as surplusage. Any substantive
limitation on the type of insurance to which a rate applies is indicated in the
scope provision for each subtitle of this title.

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

(D) RATING ORGANIZATION.

"RATING ORGANIZATION" MEANS A PERSON LICENSED UNDER § 11-218 OF THIS
TITLE.

REVISOR'S NOTE: This subsection is new language derived without substantive
change from former Art. 48A, § 244A(e).

Under the former law, the term "rating organization" was defined only for
purposes of Subtitle 16B of former Art. 48A (Regulation of competitive
rating), which is revised as Subtitle 3 of this title. The term "rating
organization" is revised to apply to the entire title for consistency. No
substantive change is intended.

The former specific reference to an "organization" is deleted as included in
the defined term "person".

Defined term: "Person" § 1-101

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