Property Insurance - Settlement of Claims and Notices
Sponsor: Chair, Judiciary CommitteeCommittee: JudiciarySubject: Insurance - Other than HealthStatus: Hearing 2/03 at 1:00 p.m. (as of Sep 4, 2026)
What this bill does
Official synopsis
Establishing the method for calculating the measure of the actual cash value recovery in the settlement of a first-party claim under a residential or commercial property insurance policy issued or renewed on or after October 1, 2026; and requiring an insurer that renews a policy of homeowner's insurance or renter's insurance to notify the insured, in advance of the renewal, of certain differences between the expiring policy and the renewal policy.
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Testimony (14)
MGA witness listFAV 5FavorableFWA 4Favorable with amendmentsUNF 4UnfavorableINFO 1Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Charkatz, Neal | Goodman-Gable-Gould Company | Oral + Written (PDF) |
| FAV | Grant, Marie | Maryland Insurance Administration | Oral + Written (PDF) |
| FAV | Hatchette, Joy | Maryland Insurance Administration | Oral |
| FAV | Meloy, Dorianne | Office of the Attorney General of Maryland, People's Insurance Counsel Division | Written (PDF) |
| FAV | Chair, Judiciary Committee, Chair, Judiciary Committee | Individual | Oral |
| UNF | Pachman, Laurenlobbyist | Allstate | Oral |
| UNF | Popham, Brysonlobbyist | Bryson F. Popham, P.A. | Oral + Written (PDF) |
| UNF | Randolph, Ash-Lynnlobbyist | The League of Life and Health Insurers of Maryland | Oral |
| UNF | Harting, Martalobbyist | Venable | Written (PDF) |
| FWA | Egan, Nancylobbyist | American Property & Casualty Insurance Association | Oral + Written (PDF) |
| FWA | Enten, Robert | Maryland Bankers Association | Oral |
| FWA | McGee, Christalobbyist | Maryland Realtors | Written (PDF) |
| FWA | Weintraub, Jasonlobbyist | Individual | Oral |
| INFO | Harris, Mrs. | Individual | Position only |
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…
UNFRandolph, Ash-LynnThe League of Life and Health Insurers of MarylandRegistered for: Alliance of Maryland Dental Plans; City of Frederick; Everytown for Gun Safety Action Fund; League of Life & Health Insurers of Maryland, Inc.; Planned Parenthood of Maryland
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…
FWAEgan, NancyAmerican Property & Casualty Insurance AssociationRegistered for: American Property Casualty Insurance Association
FWAMcGee, ChristaMaryland RealtorsRegistered for: Maryland REALTORS; Maryland Association of Realtors
FWAWeintraub, JasonRegistered for: AFSCME Council 3; Albertsons Companies, Inc.; American Property Casualty Insurance Association; COPT Defense Properties; CVS Health; CareFirst BlueCross BlueShield…