Code of Maryland Regulations
Title 31 - MARYLAND INSURANCE ADMINISTRATION
Subtitle 15 - UNFAIR TRADE PRACTICES
Chapter 31.15.10 - Homeowner's Insurance and Private Passenger Motor Vehicle Insurance - Standards for Cancellation and Nonrenewal
Section 31.15.10.06 - Prohibition on Cancellation or Nonrenewal When Filed Rate Exists
Universal Citation: MD Code Reg 31.15.10.06
Current through Register Vol. 51, No. 19, September 20, 2024
A. Scope. This regulation does not apply to cancellation of a risk due to nonpayment of a premium.
B. Prohibition. Notwithstanding any provision of Insurance Article, § 27-501, Annotated Code of Maryland, or of this chapter, an insurer may not cancel, or refuse to renew, a risk if the insurer has a filed rate that is applicable to that risk.
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