HB1387

Maryland Automobile Insurance Fund - Fund Producer Commission Rate

Altering the minimum commission rate from 10% to 5% of the total premium that the Maryland Automobile Insurance Fund is required to pay to a fund producer of a policyholder to whom a policy is issued for private passenger auto insurance; and prohibiting the Fund from paying a commission to a fund producer for a policy written directly by the Fund without the involvement of a fund producer.

Basic Information

Status
Enrolled
Session
2026 Regular Session
Type
Unknown
Cross-filed
SB0637

Links

LegiScan URL
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Upcoming Events

Hearing
March 10, 2026 at 13:00
📍 Judiciary
Hearing - Judiciary Committee

Sponsors

Stinnett
Phillips
Ruff
Coley
Taylor
Rogers