Md. Code Regs. 31.15.10.06

Current through Register Vol. 51, No. 12, June 14, 2024

Section 31.15.10.06 - Prohibition on Cancellation or Nonrenewal When Filed Rate Exists

A. Scope. This regulation does not apply to cancellation of a risk due to nonpayment of a premium.

B. Prohibition. Notwithstanding any provision of Insurance Article, § 27-501, Annotated Code of Maryland, or of this chapter, an insurer may not cancel, or refuse to renew, a risk if the insurer has a filed rate that is applicable to that risk.

Md. Code Regs. 31.15.10.06

Regulations .06 adopted as an emergency provision effective February 4, 1999 (26:5 Md. R. 389); emergency status expired August 4, 1999; emergency status reinstated effective August 26, 1999 (26:19 Md. R. 1446); emergency status expired December 29, 1999
Regulations .06 adopted effective March 6, 2000 (27:4 Md. R. 455)