Insurance - Third Party Administrators - Term and Reinstatement of Registration
What this bill does
Altering the date on which a third party administrator's registration expires to 2 years from the date of issuance rather than every other June 30; providing that in order for a renewal of registration to be considered made in a timely manner it must be postmarked on or before the date the registration expires; increasing the period of time during which a third party administrator may reinstate an expired registration from 3 months to 1 year; increasing the amount of the reinstatement fee for an expired registration to $100; etc.
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 (8)
MGA witness list| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Baron, Robert | MIA | Position only |
| FAV | Gross, Jeff | MIA | Position only |
| FAV | Taylor-Barnes, Shelley | MIA | Position only |
| FAV | Paddy, Michaellobbyist | Maryland Insurance Administration | Oral + Written (PDF) |
| FAV | Chair, Finance Committee, Chair, Finance Committee | Individual | Position only |
| FAV | Chair, Finance Committee, Chair, Finance Committee | Individual | Position only |
| FWA | Bailey, Erica | MIA | Position only |
| FWA | Paddy, Michaellobbyist | Maryland Insurance Administration | Oral + Written (PDF) |