Section 11-323 - Data about geographic distribution of private passenger premium. - Maryland Statutes

§ 11-323. Data about geographic distribution of private passenger premium.
 

(a)  In general.- On or before July 1 of each year, each insurer and the Maryland Automobile Insurance Fund shall file data about the geographic distribution of private passenger premium written by it in the State for the preceding calendar year. 

(b)  Required form.- The data required under this section shall: 

(1) be filed with the Commissioner in the form required by the Commissioner; and 

(2) at a minimum, detail the amount of private passenger premium written by the insurer and the Maryland Automobile Insurance Fund in the preceding calendar year and the number of policies represented by that premium: 

(i) in the State as a whole; and 

(ii) in Baltimore City. 

(c)  Rating territory or zip code.- The data shall be submitted by each rating territory or each zip code, or both. 

(d)  Penalties.- Failure by the insurer or the Maryland Automobile Insurance Fund to submit the data required under this section on a timely basis is grounds for the imposition of the penalties provided in §§ 4-113 and 4-114 of this article. 
 

[An. Code 1957, art. 48A, § 245; 1997, ch. 35, § 2; 1999, ch. 201.]