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§ 6-306. Duties of Division

West's Annotated Code of MarylandState GovernmentEffective: April 13, 2010

West's Annotated Code of Maryland
State Government (Refs & Annos)
Title 6. Attorney General (Refs & Annos)
Subtitle 3. People's Insurance Counsel (Refs & Annos)
Effective: April 13, 2010
MD Code, State Government, § 6-306
§ 6-306. Duties of Division
Insurance consumers' interests
(a)(1) The Division shall evaluate each medical professional liability insurance and homeowner's insurance matter pending before the Commissioner to determine whether the interests of insurance consumers are affected.
(2) If the Division determines that the interests of insurance consumers are affected, the Division may appear before the Commissioner and courts on behalf of insurance consumers in each matter or proceeding over which the Commissioner has original jurisdiction.
Review of rate increases
(b)(1) The Division shall review any rate increase of 10% or more filed with the Commissioner by a medical professional liability insurer or homeowner's insurer.
(2) If the Division finds that the rate increase is excessive, inadequate, or unfairly discriminatory, the Division shall appear before the Commissioner on behalf of insurance consumers in any hearing on the rate filing.
Investigations; actions
(c) As the Division considers necessary, the Division shall conduct investigations and request the Commissioner to initiate an action or proceeding to protect the interests of insurance consumers.

Credits

Added by Acts 2004, 1st Sp. Sess., c. 5, § 1, eff. Jan. 11, 2005. Amended by Acts 2005, c. 1, § 1, eff. April 1, 2005; Acts 2010, c. 72, § 1, eff. April 13, 2010.
MD Code, State Government, § 6-306, MD STATE GOVT § 6-306
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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