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2007 Vetoed Bills and Messages
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H.B. 425
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FIRST-PARTY INSURANCE CLAIMS UNDER PROPERTY AND CASUALTY INSURANCE
POLICIES;
(2) THE ADMINISTRATIVE AND JUDICIAL DISPOSITIONS OF THE
COMPLAINTS DESCRIBED IN ITEM (1) OF THIS SUBSECTION;
(3) THE NUMBER AND TYPES OF REGULATORY ENFORCEMENT
ACTIONS INSTITUTED BY THE ADMINISTRATION FOR UNFAIR CLAIM
SETTLEMENT PRACTICES UNDER § 27-303(9) OR § 24-304(18) OF THIS TITLE;
AND
(4) THE ADMINISTRATIVE AND JUDICIAL DISPOSITIONS OF THE
REGULATORY ENFORCEMENT ACTIONS FOR UNFAIR CLAIM SETTLEMENT
PRACTICES DESCRIBED UNDER ITEM (3) OF THIS SUBSECTION.
SECTION 2. AND BE IT FURTHER ENACTED, That Section 1 of this Act shall
be construed to apply only prospectively and may not be applied or interpreted to have
any effect on or application to any cause of action arising complaint or action filed
before the effective date of this Act.
SECTION 3. AND BE IT FURTHER ENACTED, That, notwithstanding Section
2 of this Act, the provisions of this Act providing for expenses and litigation costs apply
only to a cause of action arising on or after the effective date of this Act.
SECTION 4. 2. AND BE IT FURTHER ENACTED, That, notwithstanding
Section 2 of this Act, the provisions of this Act providing for administrative penalties
and license sanctions that may be imposed by the Maryland Insurance Commissioner
apply only to an act or omission occurring on or after the effective date of this Act.
SECTION 5. AND BE IT FURTHER ENACTED, That, on or before January 1,
the Maryland Insurance Administration, in accordance with § 2-1246 of the State
Government Article, shall report to the General Assembly on the following for the
prior fiscal year:
(1) the number and types of complaints from insureds regarding
first party insurance claims under property and casualty insurance policies under this
Act:
(2) the administrative and judicial dispositions of the complaints
described in item (1) of this section:
(3) the number and types of regulatory enforcement actions instituted
by the Administration for unfair claim settlement practices under this Act; and
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4694 -
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