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Ch. 575
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2007 Laws of Maryland
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(2) the application of an experience rating plan;
(3) the application of a retrospective rating plan;
(4) a change made by the insured that increases the insurer's
exposure; or
(5) an audit of the insured.
(f) A notice required by this section shall be sent by first-class mail and may
be sent together with the renewal policy.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall be
construed to apply to all commercial and workers' compensation lines of property and
casualty insurance policies issued, delivered, or renewed on or after the effective date
of this Act.
SECTION 3. AND BE IT FURTHER ENACTED, That this Act is an emergency
measure, is necessary for the immediate preservation of the public health or safety,
has been passed by a yea and nay vote supported by three-fifths of all the members
elected to each of the two Houses of the General Assembly, and shall take effect from
the date it is enacted.
Approved by the Governor, May 17, 2007.
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CHAPTER 576
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(Senate Bill 790)
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AN ACT concerning
Homeowner's Insurance - Insurance Producers - Notice of Coverage for
Flood Loss - Statement of Additional Optional Coverage
FOR the purpose of repealing a requirement for an insurance producer at a certain
time and in a certain manner to provide an applicant for homeowner's insurance
with a certain notice about homeowner's insurance coverage for losses from
flood; repealing certain provisions that deem an insurance producer to be in
compliance with the notice requirement under certain circumstances; repealing
a requirement for an insurance producer at a certain time and in a certain
manner to provide an applicant for homeowner's insurance with a certain
statement about additional optional coverage; repealing certain provisions that
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- 3754 -
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