<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".04" citation="COMAR 11.18.04.04" title_num="11" subtitle_num="18" chapter_num="04" heading="Online Insurance Verification Participation and Program Requirements.">
  <paragraph num="A.">
    <text>Required Participation. All insurance companies shall:</text>
    <paragraph num="(1)">
      <text>Participate in the Administration’s OLV program; and</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Support a program where the Administration can electronically access the book of business of insured vehicles at any time.</text>
    </paragraph>
  </paragraph>
  <paragraph num="B.">
    <text>Program Requirements. The OLV Program will consist of the following:</text>
    <paragraph num="(1)">
      <text>The Administration will electronically send an inquiry to an insurance company in real time which will include information required by the Administration.</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Insurance companies shall use the data provided by the Administration to determine the policy status on the verification date and return an electronic response, automatically, in real time to the Administration in an electronic format determined by the Administration.</text>
    </paragraph>
    <paragraph num="(3)">
      <text>The response from the insurance company shall be used to validate or remove the existing policy in the records of the Administration.</text>
    </paragraph>
    <paragraph num="(4)">
      <text>The Administration will determine the status of a reported insurance policy at intervals determined by the Administration.</text>
    </paragraph>
  </paragraph>
</regulation>