PARRIS N. GLENDENING, Governor

Ch. 35

(2) THE FILING IS DEEMED APPROVED UNLESS DISAPPROVED BY THE
COMMISSIONER DURING THE WAITING PERIOD OR ANY EXTENSION OF THE
WAITING PERIOD.

(D) REHEARING.

AN INSURER AFFECTED BY AN ACTION OF THE COMMISSIONER UNDER THIS
SECTION MAY NOT REQUEST A REHEARING BY THE COMMISSIONER UNTIL 12
MONTHS AFTER THE DATE OF AN ORDER OF THE COMMISSIONER UNDER
SUBSECTION (A) OF THIS SECTION.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 244J.

In subsection (c)(1) and (2) of this section, the phrase "or any extension of the
waiting period" is added for clarity and consistency with subsection (b) of this
section.

In subsection (c)(2) of this section, the former reference to the "possibility of
subsequent disapproval under § 244-I of this subtitle" is deleted as surplusage
because nothing in the language of this section affects the Commissioner's
authority elsewhere in this subtitle to disapprove a filing subsequently.

Defined terms: "Commissioner" § 1-101
"Insurer" § 1-101
"Rate" § 11-101

"Supplementary rate information" § 11-101
11-310. WAITING PERIOD FOR CHANGES IN RATES.

(A) IN GENERAL.

(1) THE COMMISSIONER MAY ADOPT A RULE THAT REQUIRES THAT
SUBSEQUENT CHANGES IN THE RATES OR SUPPLEMENTARY RATE INFORMATION
FOR A KIND OR LINE OF INSURANCE, SUBDIVISION OF A KIND OR LINE OF
INSURANCE, OR RATING CLASS OR RATING TERRITORY BE FILED WITH THE
COMMISSIONER AT LEAST 30 WORKING DAYS BEFORE THEY BECOME EFFECTIVE IF
THE COMMISSIONER FINDS THAT WITH RESPECT TO THAT KIND, LINE, SUBDIVISION,
RATING CLASS, OR RATING TERRITORY:

(I) COMPETITION IS NOT AN EFFECTIVE REGULATOR OF THE
RATES CHARGED;

(II) A SUBSTANTIAL NUMBER OF INSURERS ARE COMPETING
IRRESPONSIBLY THROUGH THE RATES CHARGED; OR

(III) THERE ARE WIDESPREAD VIOLATIONS OF THIS SUBTITLE.

(2) BY WRITTEN NOTICE TO THE FILER DURING THE INITIAL 30-DAY
WAITING PERIOD, THE COMMISSIONER MAY EXTEND THE WAITING PERIOD FOR AN
ADDITIONAL PERIOD NOT EXCEEDING 30 WORKING DAYS.

(B) EXPIRATION OF RULE.

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