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MD SB139
Bill
AI Summary
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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
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Adds knowingly failing to comply with Commissioner regulations or orders as a new basis for registration denial or revocation
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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
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Maintains separate $1,000 per day penalty for operating without proper 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 Health
2/13/2026