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ME LD1837
Bill
AI Summary
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Nonprofit hospital and medical care organizations are prohibited from imposing cost-sharing requirements on screening mammograms, with an exception for health savings account plans pending IRS guidance
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Workers' compensation insurance is added to the list of insurance types that cannot be placed through the surplus lines market and must be procured from authorized insurers
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Civil penalties for insurance violations are updated to align with section 12-A, replacing the previous $100 maximum administrative forfeiture per violation
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Cybersecurity insurance is now covered by the Maine Insurance Guaranty Association with a $500,000 cap per single insured event, and "cybersecurity insurance" is formally defined in statute
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Third-party service providers must notify insurance licensees of cybersecurity events affecting nonpublic information by January 1, 2027, with new requirements extending to ancillary service providers
Legislative Description
An Act to Amend the Laws Affecting Insurance
Procedures
Last Action
PASSED TO BE ENACTED, in concurrence.
6/11/2025