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SB 95

Enacted
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Public Adjusters - Disbursement of Insurance Settlement Payments

Sponsor: Chair, Finance CommitteeCommittee: FinanceSubject: Insurance - HealthStatus: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 521 (as of Nov 6, 2020)

What this bill does

Official synopsis

Obligating public adjusters to disburse insurance settlement payments received on behalf of the insured within 15 business days after the date of the payment from an insurer.

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Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.

Testimony (11)

MGA witness list
FAV 11Favorable
PositionWitnessOrganizationTestimony
FAVLininger, BrettlobbyistIndependent Insurance Agents of MDWritten (PDF)
FAVLininger, BrettlobbyistIndependent Insurance Agents of MarylandOral + Written (PDF)
FAVBaron, RobertMIAPosition only
FAVGross, JeffMIAPosition only
FAVGross, JeffMIAPosition only
FAVTaylor-Barnes, ShelleyMIAPosition only
FAVPaddy, MichaellobbyistMaryland Insurance AdministrationOral + Written (PDF)
FAVPaddy, MichaellobbyistMaryland Insurance AdministrationOral + Written (PDF)
FAVMcLane, JohnOAG / People's Insurance CounselOral + Written (PDF)
FAVChair, Finance Committee, Chair, Finance CommitteeIndividualPosition only
FAVChair, Finance Committee, Chair, Finance CommitteeIndividualPosition only

Organizations on record

Registered lobbyists who testified

FAVLininger, BrettIndependent Insurance Agents of MDRegistered for: Aflac (American Family Life Assurance Company); Amazon.com Services, LLC; American International Group; Boyd Gaming Corporation; Brookfield Power US Asset Management LLC; Centers for Better Insurance, LLC
FAVLininger, BrettIndependent Insurance Agents of MarylandRegistered for: Aflac (American Family Life Assurance Company); Amazon.com Services, LLC; American International Group; Boyd Gaming Corporation; Brookfield Power US Asset Management LLC; Centers for Better Insurance, LLC
FAVPaddy, MichaelMaryland Insurance AdministrationRegistered for: American Cancer Society Cancer Action Network; Campaign to Protect Patient Health d/b/a Value of Care Coalition; Chase Brexton Health System; Diabetes Patient Advocacy Coalition; Gaudenzia, Inc.; Gilead Sciences, Inc.
FAVPaddy, MichaelMaryland Insurance AdministrationRegistered for: American Cancer Society Cancer Action Network; Campaign to Protect Patient Health d/b/a Value of Care Coalition; Chase Brexton Health System; Diabetes Patient Advocacy Coalition; Gaudenzia, Inc.; Gilead Sciences, Inc.