Home Table of Contents

§ 11-216. Use of territory in establishing automobile insurance rates

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 11. Insurance Rating Law
Subtitle 2. Prior Approval Rate Making (Refs & Annos)
Part III. Rate Making--Automobile Insurance
MD Code, Insurance, § 11-216
§ 11-216. Use of territory in establishing automobile insurance rates
Currentness
An insurer that uses territory as a factor in establishing automobile insurance rates shall submit a statement to the Commissioner certifying that:
(1) the territories used by the insurer have been reviewed within the previous 3 years; and
(2) use of the territories is actuarially justified.

Credits

Added by Acts 2006, c. 410, § 1, eff. Oct. 1, 2006.
MD Code, Insurance, § 11-216, MD INSURANCE § 11-216
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document