Section 11-324 - Designation as major insurer. - Maryland Statutes

§ 11-324. Designation as major insurer.
 

On or before August 15 of each year, the Commissioner shall: 

(1) prepare a list of insurers that are major insurers; 

(2) compute each insurer's market share in the State in the preceding calendar year; 

(3) notify in writing each insurer that has been designated as a major insurer; and 

(4) compute each insurer's market share in Baltimore City. 
 

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