Motor Vehicle Insurance - Rate Filings - Trade Secrets and Factors Used to Establish Rates
Sponsor: Alonzo T. Washington (District 22)Committee: FinanceSubject: Insurance - Other than HealthStatus: Hearing 3/15 at 1:00 p.m. (as of Nov 9, 2023)
What this bill does
Official synopsis
Repealing certain confidentiality protections for proprietary rate-related information; and prohibiting an insurer that uses territory as a factor in establishing automobile insurance rates from using more than five territories; and applying the Act to all policies and motor vehicle insurance offered, issued, or delivered in the State on or after January 1, 2024.
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Testimony (13)
MGA witness listFAV 4FavorableUNF 8UnfavorableINFO 1Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Schneiderman, Franzlobbyist | Consumer Auto | Oral + Written (PDF) |
| FAV | DeLong, Michael | Consumer Federation of America | Oral + Written (PDF) |
| FAV | Senator Washington, A., Senator Washington, A.legislator | Individual | Oral |
| FAV | Stern, Isadoralobbyist | Individual | Oral + Written (PDF) |
| UNF | Quigley, Tinnalobbyist | Allstate | Oral |
| UNF | Popham, Brysonlobbyist | Bryson F. Popham, P.A. | Written (PDF) |
| UNF | Enten, Robert | Md Bankers Assoc | Oral |
| UNF | Overturf, Mattlobbyist | NAMIC | Oral + Written (PDF) |
| UNF | Melvin, Robertlobbyist | R Street Institute | Oral + Written (PDF) |
| UNF | Harting, Martalobbyist | Venable | Oral + Written (PDF) |
| UNF | Egan, Nancylobbyist | Individual | Oral + Written (PDF) |
| UNF | Myers, Theresa | Individual | Position only |
| INFO | Dodson, Sandra | Individual | Written (PDF) |
Organizations on record
Registered lobbyists who testified
UNFPopham, BrysonBryson F. Popham, P.A.Registered for: Agency Insurance Company of Maryland; Agency Services, Inc.; Army Alliance; Bryson F. Popham P.A.; Building Owners and Managers Association of Greater Baltimore (BOMA); CVS Health…
UNFHarting, MartaVenableRegistered for: Abbott Laboratories; Annie E. Casey Foundation, Inc., The; Asurion Insurance Services, Inc.; Baltimore Community Foundation; Baltimore Gas and Electric Company; Baltimore Public Markets Corporation…