Current with changes from the 2024 Legislative Session effective on or before 7/1/2024, from Chs.. 2 through 1049
Section 11-313 - Notice to insureds of noncompetitive marketFor 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.