# Insurance (GIN)

## Title 2. Maryland Insurance Administration

### Subtitle 1. Organization of Administration; General Powers and Duties of Commissioner

#### Section 2-107

(a) Except as provided in subsection (b) of this section, the Commissioner or a deputy, examiner, assistant, or employee of the Commissioner may not be financially interested in an insurer, insurance agency, or insurance transaction, other than as a policyholder or claimant under a policy.

(b) The Commissioner may employ or retain an actuary, attorney, or other technician who is similarly employed or retained by insurers or other persons if the individual:

  (1) is independently practicing the profession of the individual; and

  (2) does not have a conflict of interest in the matter for which the individual is employed or retained.

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Md. Code Ann., Ins. (as displayed at mgaleg.maryland.gov, October 16, 2026)