FOR IMMEDIATE RELEASE
April 18, 2014
For Information, Contact:
Vivian D. Laxton, 410-468-2007

PUBLIC NOTICE:
Insurance Administration to Review Certain Regulations

 Review of COMAR 31.16

In accordance with the Regulatory Review and Evaluation Act, State Government Article, §§10-130—10-139, Annotated Code of Maryland, the Maryland Insurance Administration (MIA) is reviewing and evaluating certain regulations codified within Subtitle 16 of Title 31 of the Code of Maryland Regulations, entitled Miscellaneous.  The purpose of the review and evaluation is to determine whether existing regulations continue to accomplish the purposes for which they were adopted, clarify ambiguous or unclear language, and repeal obsolete or duplicative provisions.

Regulations being reviewed include:

31.16.01 Disclosure to Policyholders of the Possible Effects of Assessable Insurance Policies

31.16.04 Provision of Completed Premium Finance Agreement to Insured

31.16.05 Cancellation of Insurance Contracts by Premium Finance Companies

31.16.06 Bulk Reinsurance, Stock, and Mutual Insurers

31.16.07 Holocaust Victims Insurance Claims and Reports

Interested parties may submit comments to Nancy Egan, Assistant Director of Government Relations, and transmitted by mail to 200 St. Paul Place, Suite 2700, Baltimore, MD 21202; by fax to (410) 468-2020; or by email to InsuranceRegReview.mia@maryland.gov.  Comments must be received by June 17, 2014.

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View this notice as it appeared in the Maryland Register on April 18, 2014.