§ 11–313
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 11-313 (2026)
Title 11. Insurance Rating Law
Subtitle 3. Competitive Rating
§ 11–313LinkCopy Citation
For a kind or line of insurance as to which the Commissioner has issued an order in which the Commissioner finds that a reasonable degree of competition does not exist, the Commissioner may require the insurer at the time of filing a proposed rate increase with the Commissioner to notify each policyholder in writing that:
(1)
the insurer has filed a proposed rate increase with the Commissioner;
(2)
a hearing may be requested with respect to the filing; and
(3)
an order, hearing, or refusal of a hearing by the Commissioner may be appealed under Subtitle 5 of this title.