Maryland Gov. Parris Glendening signed legislation last month removing form-filing requirements for commercial insurers and sophisticated clients. Senate Bill 598 exempts some large commercial policyholders from obtaining prior approval for forms. The bill also exempts policies of certain sophisticated policyholders from form-filing requirements.
Was this article valuable?
Here are more articles you may enjoy.
Iran Attacks Energy Sites, Defying Trump Calls for Restraint 
Is a Federal Reinsurance Backstop the Answer to Home Insurance Challenges? 
Fannie Mae, Freddie Mac Will Again Accept Actual Cash Value Home Insurance 
Orlando Apartment Complex Evacuated After Cracks Found on All Five Floors From This Issue
