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Session Laws, 1997
Volume 795, Page 854   View pdf image
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Ch. 35

1997 LAWS OF MARYLAND

Defined terms: "Commissioner" § 1-101
"Insurance" § 1-101
"Insurer" § 1-101
"Market" § 11-301
"Policy" § 1-101
"Rate" § 11-101
"Rating organization" § 11-101

11-331. RESERVED.

11-332. RESERVED.

PART VI. RATING ORGANIZATIONS AND SIMILAR ORGANIZATIONS.
11-333. RATING ORGANIZATIONS; ADVISORY ORGANIZATIONS.

(A) RATING ORGANIZATIONS — LICENSE REQUIRED.

A RATING ORGANIZATION MAY NOT PROVIDE A SERVICE THAT RELATES TO
THE RATES OF INSURANCE SUBJECT TO THIS SUBTITLE, AND AN INSURER MAY NOT
UTILIZE THE SERVICE OF THE RATING ORGANIZATION FOR THOSE PURPOSES,
UNLESS THE RATING ORGANIZATION HAS OBTAINED A LICENSE UNDER § 11-218 OF
THIS TITLE.

(B) SAME — REFUSAL TO SUPPLY SERVICES.

A RATING ORGANIZATION MAY NOT REFUSE TO SUPPLY SERVICES FOR WHICH
IT IS LICENSED IN THE STATE TO AN AUTHORIZED INSURER THAT OFFERS TO PAY
THE FAIR AND USUAL COMPENSATION FOR THE SERVICES.

(C) ADVISORY ORGANIZATIONS.

AN ADVISORY ORGANIZATION HAS THE SAME AUTHORITY AND FUNCTIONS
UNDER THIS SUBTITLE AS UNDER § 11-221 OF THIS TITLE.

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

In subsection (c) of this section, the reference to "§ 11-221 of this title" is
substituted for the former incorrect cross-reference to former Art. 48A, "§
242(e)". Other provisions on advisory organizations appear in § 11-221 of this
title.

Defined terms: "Advisory organization" § 11-101
"Authorized insurer" § 1-101
"Insurance" § 1-101
"Insurer" § 1-101
"Rate" § 11-101
"Rating organization" § 11-101

11-334. COOPERATION AMONG RATING ORGANIZATIONS AND INSURERS.

(A) AUTHORIZED.

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Session Laws, 1997
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