clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 1999
Volume 796, Page 1840   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Insurance

Part IV. Same - Geographic Distribution of HOMEOWNERS RESIDENTIAL PROPERTY
PREMIUM AND Private Passenger Premium.

11-321.

(a) In Part IV of this subtitle the following words have the meanings
indicated.

(b) ''Affiliate" has the meaning stated in § 7-101 of this article.

(C) "HOMEOWNERS RESIDENTIAL PROPERTY PREMIUM" MEANS THE DIRECT
WRITTEN PREMIUM DERIVED. FROM THE SALE OF HOMEOWNERS RESIDENTIAL
PROPERTY
INSURANCE POLICIES IN A CALENDAR YEAR

[(c)] (D) "Major insurer" means an insurer or affiliate or subsidiary of that
insurer that has written an amount of private passenger premium in the State that
totals [.5%] .05% or more of the total premium of private passenger premium written
in the State by all insurers, including the Maryland Automobile Insurance Fund.

[(d)] (E) "Private passenger premium" means the direct written premium
derived from the sale of private passenger motor vehicle insurance policies in a
calendar year.

[(e)] (F) "Subsidiary" has the meaning stated in § 7-101 of this article.
11-322.

(a) Part IV of this subtitle applies to each authorized insurer that writes:

(1) private passenger motor vehicle insurance in the State; OR

(2) HOMEOWNERS RESIDENTIAL PROPERTY INSURANCE IN THE STATE.

11-323.

(a) On or before July 1 of each year, each insurer and the Maryland
Automobile Insurance Fund shall file data about the geographic distribution of
private passenger premium written by [it] THE INSURER AND THE MARYLAND
AUTOMOBILE INSURANCE FUND in the State for the preceding calendar year.

(B) ON OR BEFORE OCTOBER 1 OF EACH YEAR, EACH INSURER SHALL FILE
DATA ABOUT THE GEOGRAPHIC DISTRIBUTION OF HOMEOWNERS RESIDENTIAL
PROPERTY
PREMIUM WRITTEN BY THE INSURER IN THE STATE FOR THE PRECEDING
CALENDAR YEAR.

[(b)] (C) The data required under this section shall: 

(1) be filed with the Commissioner in the form required by the
Commissioner; and

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1999
Volume 796, Page 1840   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact msa.helpdesk@maryland.gov.

©Copyright  October 11, 2023
Maryland State Archives