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Session Laws, 1997
Volume 795, Page 824   View pdf image
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Ch. 35

1997 LAWS OF MARYLAND

(II) SUBJECT TO REASONABLE REGULATIONS ADOPTED BY THE
COMMISSIONER, THE COMPILATIONS SHALL BE MADE AVAILABLE TO INSURERS
AND RATING ORGANIZATIONS.

(B) INTERCHANGE OF RATING PLAN DATA.

THE COMMISSIONER MAY ADOPT REASONABLE RULES AND PLANS FOR THE
INTERCHANGE OF DATA NECESSARY FOR THE APPLICATION OF RATING PLANS.

(C) EXCHANGE OF INFORMATION AND EXPERIENCE DATA.

TO FURTHER UNIFORM ADMINISTRATION OF RATE REGULATORY LAWS, THE
COMMISSIONER AND EACH INSURER AND RATING ORGANIZATION MAY:

(1) EXCHANGE INFORMATION AND EXPERIENCE DATA WITH EACH
OTHER AND WITH INSURANCE SUPERVISORY OFFICIALS, INSURERS, AND RATING
ORGANIZATIONS IN OTHER STATES; AND

(2) CONSULT WITH THEM ABOUT RATE MAKING AND THE APPLICATION
OF RATING SYSTEMS.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 242(o)(1) through (3).

Subsection (c)(1) of this section is revised to conform to language used in a
comparable provision in Subtitle 3 of this title on competitive rating. See §
11-337(b)(1) of this title.

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

11-227. REGULATIONS.

THE COMMISSIONER MAY ADOPT REASONABLE RULES AND REGULATIONS
NECESSARY TO CARRY OUT THE PURPOSES OF THIS SUBTITLE.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 242(o)(4).

Defined term: "Commissioner" § 1-101

11-228. RESERVED.

11-229. RESERVED.

PART VI. PROHIBITED ACTS; PENALTIES.
11-230. PROHIBITED POLICIES; COMMISSIONS AUTHORIZED.
(A) PROHIBITED POLICIES.

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Session Laws, 1997
Volume 795, Page 824   View pdf image
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