Mutual Insurance Holding Companies - Conversion to Mutual Insurers
Sponsor: Cory V. McCray (District 45)Committee: FinanceSubject: Insurance - Other than HealthStatus: Approved by the Governor - Chapter 687 (as of Sep 4, 2026)
What this bill does
Official synopsis
Authorizing a mutual insurance holding company 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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Testimony (3)
MGA witness listFAV 3Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Case-Herron, Sarahlobbyist | Funk & Bolton, P.A. | Written (PDF) |
| FAV | Celentano, Matthewlobbyist | The League of Life and Health Insurers of Maryland | Written (PDF) |
| FAV | Senator McCray, Senator McCraylegislator | Individual | Oral |
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…
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…