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]

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requiring the insurer to provide specified notice to an applicant that specified insurance coverage may be rescinded under specified circumstances; requiring an insurer to take specified actions before rescinding specified insurance coverage; applying the Act to all policies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.

Tracking Information

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Title

Personal Automobile Insurance - Rescission of Policy or Binder - Misrepresentations by Applicant

Sponsors


History

DateChamberAction
2016-02-23SenateHearing 2/23 at 1:00 p.m.
2016-02-04SenateFirst Reading Finance

Subjects


Maryland State Sources


Bill Comments

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