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§ 11-324. Designation of insurer as major insurer

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 11. Insurance Rating Law
Subtitle 3. Competitive Rating (Refs & Annos)
Part IV. Same--Geographic Distribution of Residential Property Premium and Private Passenger Premium
MD Code, Insurance, § 11-324
§ 11-324. Designation of insurer as major insurer
On or before August 15 of each year, the Commissioner shall:
(1) prepare a list of insurers that are major insurers;
(2) compute each insurer's market share in the State in the preceding calendar year;
(3) notify in writing each insurer that has been designated as a major insurer; and
(4) compute each insurer's market share in Baltimore City.

Credits

Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997.
Formerly Art. 48A, § 245.
MD Code, Insurance, § 11-324, MD INSURANCE § 11-324
Current through legislation effective through June 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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