MD SB556 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 4 2016 - 25% progression, died in committee
Action: 2016-02-23 - Hearing 2/23 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 4 2016 - 25% progression, died in committee
Action: 2016-02-23 - Hearing 2/23 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Authorizing an insurer to rescind a policy or binder of personal automobile insurance if an applicant makes specified misrepresentations; requiring the insurer to provide specified notice to an applicant that specified insurance coverage may be rescinded under specified circumstances; requiring an insurer to take specified actions before rescinding specified insurance coverage; applying the Act to all policies and binders of personal automobile insurance issued or delivered in the State on or after October 1, 2016; etc.
Title
Personal Automobile Insurance - Rescission of Policy or Binder - Misrepresentations by Applicant
Sponsors
Sen. Jim Mathias [D] |
History
Date | Chamber | Action |
---|---|---|
2016-02-23 | Senate | Hearing 2/23 at 1:00 p.m. |
2016-02-04 | Senate | First Reading Finance |
Subjects
Claims
Committees and Commissions
Fraud
Insurance
Insurance - Other than Health
Investigations and Inquiries
Motor Vehicles
Notices
Postal Service
Committees and Commissions
Fraud
Insurance
Insurance - Other than Health
Investigations and Inquiries
Motor Vehicles
Notices
Postal Service