Current with changes from the 2024 Legislative Session
Section 11-704 - One-time written notice of availability of information on rate increases(a) A carrier shall provide a one-time written notice to its insureds that an insured may access information about proposed rate increases on the Administration's Web site.(b)(1) For a policy or contract issued or delivered on or after January 1, 2018, the one-time written notice shall be provided at the time the policy or contract is issued or delivered.(2) For a policy or contract issued or delivered before January 1, 2018, the one-time written notice shall be provided no later than the next policy or contract anniversary date after January 1, 2018.Added by 2017 Md. Laws, Ch. 672,Sec. 1, eff. 10/1/2017.