PARRIS N. GLENDENING, Governor

Ch. 35

11-325. MARKETING PLAN BY MAJOR INSURERS.

(A) FILING OF PLAN REQUIRED.

ON OR BEFORE OCTOBER 1 OF EACH YEAR, EACH INSURER THAT HAS BEEN
DESIGNATED A MAJOR INSURER ON OR BEFORE AUGUST 15 OF THE SAME YEAR
SHALL FILE A MARKETING PLAN WITH THE COMMISSIONER.

(B) GOAL.

THE GOAL OF THE MARKETING PLAN SHALL BE TO ENSURE THAT THE
INSURER MARKETS AND OTHERWISE MAKES AVAILABLE INSURANCE TO THOSE
PERSONS WHO RESIDE IN BALTIMORE CITY IN THE SAME MANNER AS TO PERSONS
WHO RESIDE IN OTHER JURISDICTIONS IN THE STATE.

(C) REVIEW BY COMMISSIONER.

(1) THE COMMISSIONER SHALL REVIEW THE MARKETING PLAN TO
DETERMINE WHETHER THE PLAN WILL ACHIEVE THE GOAL STATED IN SUBSECTION
(B) OF THIS SECTION.

(2) A MARKETING PLAN IS DEEMED APPROVED UNLESS DISAPPROVED
BY THE COMMISSIONER WITHIN 30 DAYS AFTER SUBMISSION.

(3) (I) IF THE MARKETING PLAN DOES NOT CONTAIN SUFFICIENT
INFORMATION FOR THE COMMISSIONER TO DETERMINE IF THE PLAN WILL
ACHIEVE THE GOAL STATED IN SUBSECTION (B) OF THIS SECTION, THE
COMMISSIONER SHALL REQUIRE THE MAJOR INSURER TO PROVIDE THE NEEDED
INFORMATION WITHIN 30 DAYS AFTER THE COMMISSIONER REQUESTS THE
INFORMATION.

(II) IF ADDITIONAL INFORMATION IS REQUIRED BY THE
COMMISSIONER UNDER THIS PARAGRAPH, THE TIME PERIOD FOR APPROVAL,
DISAPPROVAL, OR DEEMED APPROVAL BEGINS ON THE DATE THE ADDITIONAL
INFORMATION IS SUBMITTED.

(4) IF THE COMMISSIONER DETERMINES THAT THE MARKETING PLAN
WILL NOT ACHIEVE THE GOAL STATED IN SUBSECTION (B) OF THIS SECTION, THE
COMMISSIONER SHALL REQUIRE THE MAJOR INSURER TO FILE FOR REVIEW AND
APPROVAL A REVISED MARKETING PLAN FOR BALTIMORE CITY.

(D) EXEMPTION - DE MINIMIS INSURANCE IN BALTIMORE AREA.

(1) ON OR BEFORE SEPTEMBER 1 OF EACH YEAR, A MAJOR INSURER
MAY FILE A WRITTEN REQUEST WITH THE COMMISSIONER FOR A 1-YEAR
EXEMPTION FROM THE REQUIREMENTS OF THIS SECTION.

(2) THE COMMISSIONER MAY GRANT AN EXEMPTION UNDER THIS
SUBSECTION IF THE COMMISSIONER DETERMINES THAT FOR CALENDAR YEAR 1994
THE MAJOR INSURER WROTE A DE MINIMUS AMOUNT OF TOTAL YEARLY PRIVATE
PASSENGER MOTOR VEHICLE INSURANCE, AS DETERMINED BY THE COMMISSIONER,
IN THE BALTIMORE STANDARD METROPOLITAN STATISTICAL AREA.

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