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Session Laws, 2002
Volume 800, Page 5516   View pdf image
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INDEX Chapter Page
Credit Union Insurance Corporation, dissolution provisions added;
credit union share guarantee corporations, issuance of
certificates of authority and regulation by Commissioner of
Financial Regulation, provisions added ....................................... Fraud, annual report of Insurance Administration, requirements
altered; implementation of sunset recommendations, report
required; application of health insurance provisions to health
maintenance organizations ............................................................ Home improvement contractors, general liability insurance,
requirements altered...................................................................... Homeowners insurance and motor vehicle insurance, requirement
of particular payment plan based on credit history of insured .. Homeowners insurance, insurer prohibited from refusing to
underwrite, cancelling, refusing to renew, rating a risk, or
requiring a particular payment plan based on credit history of
applicant or insured ....................................................................... Injured Workers' Insurance Fund, risk based capital and excess
capital requirements, and extent to which Fund is subject to
Insurance Article provisions, provisions altered.......................... Insurance Administration, sunset evaluation deadline altered;
appointment fees repealed; recoupment of administrative costs
for collecting insurance premium tax, authorized; annual report
and insurance industry assessments, provisions altered;
implementation of sunset recommendations, report required .... Insurance Regulation Fund, transfer of funds to General Fund ... Mortgage lenders, financing of single premium credit insurance as
part of loan, and making loan without due regard to borrowers'
ability to repay, prohibited; provision of home buyer education or
housing counseling information to borrower, required;
regulation of extension of credit, authority restricted to State .. One Maryland economic development tax credits, enhancement for
qualified business entities in distressed areas that offer pay for
qualified positions that is at least a certain percentage of the
federal minimum wage, provisions added .................................... Premium finance agreement for private passenger automobile or
personal fire or liability insurance, maximum delinquency and
collection charge increased, and amount of cancellation charge Private detectives, security systems technicians, and security
guards, licensing, certification, and registration process altered,
including provisions for term, renewal, fees, confidentiality of
records, bonding, insurance, and display of identification card
by security guard............................................................................ State Insurance Trust Fund, transfer of funds to General Fund ..
Surplus lines brokers, disclosure and notice requirements concerning inspections, provisions altered ................................... Title insurance producers and agencies, statement of financial condition on file with title insurers, requirements repealed
540 317 176 553
580 580
22 317
440 532
385
356 517
440 80 369
4088 2779 1625 4168
4242 4242
188 2779
3559 4002
3023
2918 3937
3559 1217 2954
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Session Laws, 2002
Volume 800, Page 5516   View pdf image
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