Property Insurance - Settlement of Claims and Notices
Sponsor: Chair, Finance CommitteeCommittee: FinanceSubject: Insurance - Other than HealthStatus: Hearing 1/28 at 2:00 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.
AI analysis is off. Set ANTHROPIC_API_KEY to enable summaries, pros and cons, and questions.
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 (11)
MGA witness listFAV 6FavorableFWA 2Favorable with amendmentsUNF 3Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| 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, Finance Committee, Chair, Finance Committee | Individual | Oral |
| FAV | Kent, Cynthia | Individual | Written (PDF) |
| FAV | Rosa, Richard | Individual | Position only |
| UNF | Popham, Brysonlobbyist | Bryson F. Popham, P.A. | Oral + Written (PDF) |
| UNF | Randolph, Ash-Lynnlobbyist | The League of Life and Health Insurers of Maryland | Written (PDF) |
| UNF | Harting, Martalobbyist | Venable | Written (PDF) |
| FWA | Egan, Nancylobbyist | American Property & Casualty Insurance Association | Oral + Written (PDF) |
| FWA | McGee, Christalobbyist | Maryland Realtors | 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…
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