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Section 11-313 - Notice to Insureds of Noncompetitive Market — Maryland Law | CourtGPT
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  8. Section 11-313 - Notice to Insureds of Noncompetitive Market
Maryland Legal Code

Section 11-313 - Notice to Insureds of Noncompetitive Market

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For a kind or line of insurance as to which the Commissioner has issued an order in which the Commissioner finds that a reasonable degree of competition does not exist, the Commissioner may require the insurer at the time of filing a proposed rate increase with the Commissioner to notify each policyholder in writing that: (1) the insurer has filed a proposed rate increase with the Commissioner; (2) a hearing may be requested with respect to the filing; and (3) an order, hearing, or refusal of a hearing by the Commissioner may be appealed under Subtitle 5 of this title.