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MD HB277
Bill
Status
2/12/2026
Primary Sponsor
Health
Click for details
AI Summary
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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
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Adds new ground for registration denial or revocation when an administrator knowingly fails to comply with Commissioner regulations or orders
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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
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Maintains existing $1,000 per day civil penalty for operating without required registration under § 8-303(a)
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Effective date: October 1, 2026
Legislative Description
Insurance – Third Party Administrators – Enforcement
Rules and Regulations
Last Action
Referred Finance
2/13/2026