§ 19-116. Certificates of insurance
West's Annotated Code of MarylandInsuranceEffective: October 1, 2012
Effective: October 1, 2012
MD Code, Insurance, § 19-116
§ 19-116. Certificates of insurance
(b)(1) This section applies to all certificate holders, policyholders, insurers, insurance producers, and certificates of insurance prepared or issued as evidence of insurance coverage on property, operations, or risks located in the State, regardless of where the certificate holder, policyholder, insurer, or insurance producer is located.
(c)(1) Except as provided in paragraphs (2) and (3) of this subsection, a person may not prepare or issue or require the preparation or issuance of a certificate of insurance unless the certificate of insurance form has been filed with and approved by the Commissioner.
(d) The Commissioner shall disapprove a certificate of insurance form filed with the Commissioner under this section, or withdraw approval of a certificate of insurance form, if the form:
(e) A person may not require an insurer or insurance producer to prepare or issue, or a policyholder to provide, a certificate of insurance that contains false or misleading information relating to the policy of insurance referenced in the certificate.
(f) A person may not alter or modify an approved certificate of insurance.
(g) A person may not prepare or issue a certificate of insurance that the person knows contains false or misleading information or that purports to amend, alter, or extend the coverage provided by the policy of insurance referenced in the certificate.
(h) A person may not prepare, issue, or require, either in addition to or in lieu of a certificate of insurance, an opinion letter or other document that is inconsistent with this section.
(i)(1) A certificate of insurance is not a policy of insurance and does not amend, alter, or extend the coverage provided by the policy of insurance referenced in the certificate.
(j) The terms and conditions of a notice of cancellation, nonrenewal, material change, or other similar matters relating to a policy of insurance referenced in a certificate of insurance:
(k) A certificate of insurance or any other document prepared, issued, or required in violation of this section is void and unenforceable.
(l) The Commissioner may examine and investigate the activities of any person that the Commissioner reasonably believes has been or is engaged in an act or practice prohibited by this section.
Credits
Added by Acts 2011, c. 514, § 1, eff. Oct. 1, 2011; Acts 2011, c. 515, § 1, eff. Oct. 1, 2011. Amended by Acts 2012, c. 479, § 1, eff. Oct. 1, 2012; Acts 2012, c. 480, § 1, eff. Oct. 1, 2012.
MD Code, Insurance, § 19-116, MD INSURANCE § 19-116
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.
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