Imm Joins Maryland Insurance Administration as Public Affairs Director
Maryland Insurance Commissioner Al Redmer Jr. announced the appointment of Tracy Imm as the Maryland Insurance Administration’s (MIA) director of Public Affairs.
O’Grady Joins Maryland Insurance Administration as Associate Commissioner
Maryland Insurance Commissioner Al Redmer, Jr., announced the appointment of Vincent P. O’Grady as the Maryland Insurance Administration’s (MIA) new associate commissioner, Examination and Audit.
Maryland Issues Bulletin on Minimum Days Notice Requirement
The Maryland Insurance Administration said it has come to regulators’ attention that some insurers and premium finance companies may not be providing the minimum days’ notice as prescribed by the Maryland statutes before companies cancel, non-renew, increase the premium, or …
Maryland Urges Insurers to Accommodate Consumers Impacted by Blizzard
The Maryland Insurance Administration issued a bulletin encouraging insurance companies and premium finance companies to accommodate consumers who were impacted by last weekend’s blizzard. Bulletin 16-05 (Re: Cancellations of Insurance Policies) was issued Tuesday to all property and casualty insurers, …
Morrow Joins Maryland Insurance Administration as Associate Commissioner
Maryland Insurance Commissioner Al Redmer, Jr. announced Tuesday the appointment of Robert D. Morrow, Jr. as the state’s associate insurance commissioner for Hearings.
Maryland Issues Bulletin on Commercial Policy Cancellation Notices
Property/casualty insurers writing commercial policies in Maryland are no longer required to file for approval the cancellation or nonrewal notices they send out to insureds, the Maryland Insurance Administration announced in a bulletin. “With certain exceptions, Maryland law requires property …
Maryland Insurance Administration Welcomes 7 New Insurers to Marketplace
The Maryland Insurance Administration (MIA) today announced seven new insurance companies are approved to offer workers’ compensation and life insurance products in Maryland. “Our goal is to increase options for Maryland consumers; increased competition results in better customer service and …
Insurers Paid $12.9M in Claims Stemming From Baltimore Riot
The Maryland Insurance Administration says insurance companies have paid $12.9 million in claims stemming from civil unrest in Baltimore linked to the death in April of Freddie Gray. The agency said Tuesday that the payments include $11.6 million for commercial …
NCCI Proposes Decrease for Workers’ Comp Loss Costs in Maryland
The National Council on Compensation Insurance (NCCI) recently delivered a workers’ compensation loss cost filing to the Maryland Insurance Administration. NCCI stated in its July 28 filing that based on its review of the most recently available data, it is …
Maryland Issues Clarification on Commission Sharing for Producers
The Maryland Insurance Administration (MIA) recently issued a bulletin explaining that, in exchange for a referral of an insurance applicant, an insurer or its appointed producer may provide a referral fee, commission split, or other valuable considerations to a licensed …