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MD SB139

Bill

Status

Engrossed

2/12/2026

Primary Sponsor

Finance

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Expands grounds for the Maryland Insurance Commissioner to deny, refuse to renew, suspend, or revoke a third party administrator's registration to include violations of any state insurance law, not just the specific subtitle governing administrators

  • Adds knowingly failing to comply with Commissioner regulations or orders as a new basis for registration denial or revocation

  • Broadens civil penalty authority from violations of the subtitle only to violations of the entire Insurance Article, with penalties up to $10,000 per violation

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

  • Effective date: October 1, 2026

Legislative Description

Insurance - Third Party Administrators - Enforcement

Rules and Regulations

Last Action

Referred Health

2/13/2026

Committee Referrals

Health2/13/2026
Finance1/14/2026

Full Bill Text

No bill text available