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MD HB277

Bill

Status

Engrossed

2/12/2026

Primary Sponsor

Health

Click for details

Origin

House of Delegates

2026 Regular Session

AI Summary

  • Expands grounds for the Maryland Insurance Commissioner to deny, suspend, or revoke a third party administrator's registration to include violations of the entire Insurance Article or any state law relating to insurance, rather than just the specific subtitle

  • Adds new ground for registration denial or revocation when an administrator knowingly fails to comply with Commissioner regulations or orders

  • Increases civil penalty authority from violations of the subtitle only to violations of the entire Insurance Article committed by an administrator, with penalties up to $10,000 per violation

  • Maintains existing $1,000 per day civil penalty for operating without required registration under § 8-303(a)

  • Effective date: October 1, 2026

Legislative Description

Insurance – Third Party Administrators – Enforcement

Rules and Regulations

Last Action

Referred Finance

2/13/2026

Committee Referrals

Finance2/13/2026
Health1/14/2026

Full Bill Text

No bill text available