Maryland auto insurance News

Markets/Coverages: Maryland’s Residual Insurer Ups Limits for Commercial Drivers

Maryland’s auto insurance market for drivers that private insurers won’t cover has received approval to offer combined single limits coverage up to $1 million for eligible businesses and vehicles. Maryland Auto Insurance (MAI) says many contracts, particularly governmental contracts, require …

Maryland Auto Insurance Launches New Auto Insurance Fraud Initiative

Maryland Auto Insurance has launched an initiative aimed at combatting auto insurance fraud in Maryland. This comes as the FBI projects insurance fraud accounts for more than $40 billion in costs annually, according to a Maryland Auto Insurance press release. …

Maryland Auto Executive Director McCurdy Retires, Reflects on 38-Year Career

When Mark McCurdy informed Maryland Auto Insurance’s Board of Trustees in July 2019 of his intention to retire this year, he never imagined that the few months ahead of his retirement would involve leading the organization through a global pandemic. …

Redmer Reflects on Time as Maryland Insurance Commissioner, Talks Future Plans

Maryland Insurance Commissioner Al Redmer Jr. will leave his regulatory role and step into his new position as executive director of Maryland Auto Insurance on Monday, bringing with him a legacy as Maryland’s longest serving insurance commissioner. Maryland Auto Insurance, …

Redmer to End Tenure as Insurance Commissioner, Join Maryland Auto Insurance

Maryland Insurance Commissioner Al Redmer Jr. has been named executive director of Maryland Auto Insurance. Redmer will leave his position as Maryland Insurance Commissioner to join Maryland Auto Insurance on May 18, 2020. Redmer is Maryland’s longest serving insurance commissioner. …

Maryland Auto Allows Participants to Pause Payments During State of Emergency

Participants in FineFix, Maryland’s auto fine forgiveness program, will be allowed to pause their payment plans during the current state of emergency in Maryland. The Uninsured Division of Maryland Auto Insurance is taking this action in order to provide additional …

Maryland Auto Insurance’s FineFix Program Launches Statewide

A new state program in Maryland will help eligible residents reduce their outstanding uninsured auto fines, eliminating a hurdle to registering and insuring their vehicles. FineFix is a partnership between the Uninsured Division of Maryland Auto Insurance and the Maryland …

Conviction in Fatal Maryland Crash Reversed on Insurance Technicality

A West Virginia woman sentenced to a year in jail for a crash that killed a 5-year-old girl has had her conviction reversed because Maryland has no criminal penalty for drivers of uninsured, out-of-state vehicles. The Herald-Mail reports that Washington …

Maryland Automobile Insurance Fund Launches Rebranding Campaign

The Maryland Automobile Insurance Fund, a state-created entity that provides auto insurance to motorists who can’t get private-market coverage, announced a new advertising campaign, a rebrand and its headquarters relocation to Baltimore from Annapolis. The Maryland Automobile Insurance Fund said …

‘Crash and Buy’ Insurance Fraud Schemes Seen Growing in Maryland: MIA

The Maryland Insurance Administration (MIA) said “crash and buy” auto insurance schemes are a growing trend in the state. When an uninsured driver crashes, buys insurance, then claims the accident happened after the policy took effect, that is fraud and …