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HB 1616

EnactedCrossfile SB 982
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Mutual Insurance Holding Companies - Conversion to Mutual Insurers

Sponsor: Mike Rogers (District 32)Committee: JudiciarySubject: Insurance - Other than HealthStatus: Approved by the Governor - Chapter 688 (as of Sep 4, 2026)

What this bill does

Official synopsis

Authorizing a mutual insurance holding company that, directly or indirectly, owns 100% of the capital stock of a reorganized stock insurer to convert its mutual insurance holding company system to a mutual insurer on adoption and approval of a plan of conversion; and establishing certain requirements related to the plan of conversion and its submission to the Maryland Insurance Commissioner for approval.

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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 (9)

MGA witness list
FAV 9Favorable
PositionWitnessOrganizationTestimony
FAVBaulsir, BrettFunk & Bolton, P.A.Oral
FAVCase-Herron, SarahlobbyistFunk & Bolton, P.A.Oral + Written (PDF)
FAVCase-Herron, SarahlobbyistFunk & Bolton, P.A.Oral + Written (PDF)
FAVDelegate Rogers, MikelegislatorMD House of DelegatesWritten (PDF)
FAVDelegate Rogers, MikelegislatorMD House of DelegatesWritten (PDF)
FAVCelentano, MatthewlobbyistThe League of Life and Health Insurers of MarylandWritten (PDF)
FAVCelentano, MatthewlobbyistThe League of Life and Health Insurers of MarylandWritten (PDF)
FAVDelegate Rogers, Delegate RogerslegislatorIndividualOral
FAVDelegate Rogers, Delegate RogerslegislatorIndividualOral

Organizations on record

Registered lobbyists who testified

FAVCase-Herron, SarahFunk & Bolton, P.A.Registered for: 38 Degrees North; Advanced Energy United; Alliance of Maryland Dental Plans; Allstate Insurance Company; America's Health Insurance Plans; American Council of Life Insurers
FAVCase-Herron, SarahFunk & Bolton, P.A.Registered for: 38 Degrees North; Advanced Energy United; Alliance of Maryland Dental Plans; Allstate Insurance Company; America's Health Insurance Plans; American Council of Life Insurers
FAVCelentano, MatthewThe League of Life and Health Insurers of MarylandRegistered for: 38 Degrees North; Advanced Energy United; Alliance of Maryland Dental Plans; Allstate Insurance Company; America's Health Insurance Plans; American Council of Life Insurers
FAVCelentano, MatthewThe League of Life and Health Insurers of MarylandRegistered for: 38 Degrees North; Advanced Energy United; Alliance of Maryland Dental Plans; Allstate Insurance Company; America's Health Insurance Plans; American Council of Life Insurers