Section 27-215 – Interlocking Ownership or Management
(a) An insurer may retain, invest in, or acquire all or part of the capital stock of another insurer or have common management with another insurer, unless the retention, investment, acquisition, or common management is inconsistent with another provision of this article or causes the business of the insurers with the public to be conducted in […]
Section 27-216 – Improper Premiums and Charges
(a) A person may not willfully collect a premium or charge for insurance if the insurance is not then provided, or is not in due course to be provided subject to acceptance of the risk by the insurer, in a policy issued by an insurer as authorized by this article. (b) (1) A person may not willfully collect […]
Section 27-217 – Group Insurance
(a) This section does not apply to: (1) life insurance; (2) health insurance; (3) annuity contracts; or (4) a pooling arrangement by athletic clubs, charitable organizations, community associations, homeowners’ associations, and public entities under Title 19, Subtitle 6 of this article to purchase insurance under this section. (b) An authorized insurer or unauthorized insurer may not make available to a firm, […]
Section 27-218 – Burial Insurance Benefits
(a) All burial insurance benefits shall be paid in cash to the beneficiary. (b) A person engaged in the business of burial insurance may not pay or contract to pay wholly or partly burial insurance or its benefits to: (1) an official mortician, funeral director, or undertaker; (2) a designated mortician, funeral director, undertaker, or funeral directing or undertaking […]
Section 27-203 – False Advertisements About Insurance Business
A person may not make, publish, disseminate, circulate, place before the public, or cause directly or indirectly to be made, published, disseminated, circulated, or placed before the public in a newspaper, magazine, or other publication, in the form of a notice, circular, pamphlet, letter, or poster, over a radio or television station, or in any […]
Section 27-219 – Misrepresentation as Insurer
A person that is not an insurer may not assume or use a name that deceptively implies or suggests that it is an insurer.
Section 27-204 – False Statements About Insurers
A person may not make, publish, disseminate, or circulate, directly or indirectly, or aid, abet, or encourage the making, publishing, disseminating, or circulating of an oral or written statement or a pamphlet, circular, article, or literature that: (1) is false or maliciously critical of or derogatory to the financial condition of an insurer or person proposing […]
Section 27-220 – Maryland Children’s Health Program
An insurance producer or insurer may not refer an individual employee or dependent of an employee to the Maryland Children’s Health Program established under Title 15, Subtitle 3 of the Health – General Article or arrange for an individual employee or dependent of an employee to apply for the Maryland Children’s Health Program established under […]
Section 27-205 – False Statements of Financial Condition of Insurer
(a) A person may not knowingly file with a supervisory or other public official, make, publish, disseminate, circulate, deliver to another person, place before the public, or cause directly or indirectly to be made, published, disseminated, circulated, delivered to another person, or placed before the public a false statement of the financial condition of an insurer. […]
Section 27-221 – Prohibition Against Reunderwriting
(a) (1) In this section the following words have the meanings indicated. (2) “Carrier” means a person that is: (i) an insurer that holds a certificate of authority in the State and provides health insurance in the State; (ii) a health maintenance organization that holds a certificate of authority to operate in the State; or (iii) a nonprofit health service plan […]