Md. Code Regs. 31.04.12.02

Current through Register Vol. 51, No. 22, November 1, 2024

Section 31.04.12.02 - Frequency of Practice

It shall be considered prima facie evidence of a general business practice of violating Insurance Article, § 4-113(b)(11), Annotated Code of Maryland, if in any 12-month period it is found that the number of transactions violating Insurance Article, § 4-113(b)(11), by foreign insurers for policies issued to Maryland residents, or by domestic insurers for all policies written, equals or exceeds the following:

A. Five transactions with a single person who does not have an appointment from the insurer; or

B. One or more transactions with five or more people who do not have appointments from the insurer.

Md. Code Regs. 31.04.12.02