§ 3–308
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 3-308 (2026)
Title 3. Kinds of Insurers
Subtitle 3. Surplus Lines Insurance
§ 3–308LinkCopy Citation
Each insurance contract or confirmation procured and delivered under this subtitle shall be:
(1)
endorsed or stamped conspicuously in boldface type on the first page of the insurance contract or confirmation as follows: “This insurance is issued by a nonadmitted insurer not under the jurisdiction of the Maryland Insurance Commissioner”; and
(2)
accompanied by a written disclosure, as prescribed by the Commissioner, that:
(i)
is written in clear, plain English;
(ii)
explains that the insurer does not possess a certificate of authority from the Commissioner to engage in the insurance business in the State; and
(iii)
includes any other information that the Commissioner requires.