Md. Code Regs. 31.05.07.02
Scope.
Effective Sep 7, 199825:18 Md. R. 1439Insurance Article, §§1-101(jj), 2-109, 3-124, 3-125, 4-113, 4-114, 4-116, 5-103, 5-201(b)(2), 5-203, 5-901, 5-903—5-905, 14-102, 14-108—14-111, 14-124(b), and 14-126, and Title 5, Subtitle 3, Annotated Code of Maryland
A. This chapter applies to:
- (1) Each domestic life and accident and health insurer, including nonprofit health service plans;
- (2) Any other licensed life and accident and health insurer, including a nonprofit health services plan, that is not subject to a substantially similar regulation in its domiciliary state; and
- (3) Each licensed property and casualty insurer with respect to its accident and health business.
B. This chapter does not apply to:
- (1) Assumption reinsurance;
- (2) Yearly renewable term reinsurance; or
- (3) Certain nonproportional reinsurance, such as stop loss or catastrophe reinsurance.
Authority: Insurance Article, §§1-101(jj), 2-109, 3-124, 3-125, 4-113, 4-114, 4-116, 5-103, 5-201(b)(2), 5-203, 5-901, 5-903—5-905, 14-102, 14-108—14-111, 14-124(b), and 14-126, and Title 5, Subtitle 3, Annotated Code of Maryland
Effective date: January 2, 1993 (19:26 Md. R. 2287)
Regulations .01—.05 repealed and new Regulations .01—.09 adopted as an emergency provision effective December 19, 1997 (25:2 Md. R. 73); adopted permanently effective May 4, 1998 (25:9 Md. R. 678)
Chapter recodified from COMAR 09.30.91 to COMAR 31.05.07 effective September 7, 1998 (25:18 Md. R. 1439)
Regulation .01D amended effective December 17, 2007 (34:25 Md. R. 2216)