Section 11-339 - Report on use of territory as a rate determining factor. - Maryland Statutes

§ 11-339. Report on use of territory as a rate determining factor.
 

(a)  In general.- On or before July 1 of each year, the Commissioner shall submit a report, in accordance with § 2-1246 of the State Government Article, to the General Assembly about the use of territory as a factor in establishing private passenger automobile insurance rates by insurers and the Maryland Automobile Insurance Fund. 

(b)  Contents.- The report shall provide information on: 

(1) the number of insurers actively engaged in providing private passenger automobile insurance coverage in the State; and 

(2) the number of insurers that use territory as a factor in establishing private passenger automobile insurance rates. 
 

[2006, ch. 410.]