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SB 893

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Insurance - Enforcement, Impaired Entities, Homeowner's Insurance Policies, and Unfair Claim Settlement Practices - Revisions

Sponsor: Nick Charles (District 25)Committee: FinanceSubject: Insurance - Other than HealthStatus: Hearing 3/05 at 1:00 p.m. (as of Dec 1, 2025)

What this bill does

Official synopsis

Establishing and altering requirements governing the regulation of insurance in the State, including requirements related to reviews and examinations undertaken by the Maryland Insurance Commissioner, premium discounts, the temporary suspension of writing new homeowner's insurance policies, and claims handling; providing that certain insurers may be subject to additional market conduct examinations under certain circumstances; etc.

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Testimony (0)

MGA witness list
FAV 1FavorableUNF 3Unfavorable
PositionWitnessOrganizationTestimony
FAVSenator Charles, Senator CharleslegislatorIndividualOral
UNFEgan, NancylobbyistAmerican Property & Casualty Insurance AssociationOral + Written (PDF)
UNFPopham, BrysonlobbyistBryson F. Popham, P.A.Written (PDF)
UNFHarting, MartalobbyistVenableOral

Organizations on record

Registered lobbyists who testified

UNFEgan, NancyAmerican Property & Casualty Insurance AssociationRegistered for: American Property Casualty Insurance Association
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