Md. Code, Insurance § 9-302
This is the official text of Md. Code, Insurance § 9-302, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§9–302.
Official statutory text
The purposes of this subtitle are:
(1) to provide a mechanism for the prompt payment of covered claims under certain policies and to avoid financial loss to residents of the State who are claimants or policyholders of an insolvent insurer; and
(2) to provide for the assessment of the cost of payments of covered claims and protection among insurers.
(1) to provide a mechanism for the prompt payment of covered claims under certain policies and to avoid financial loss to residents of the State who are claimants or policyholders of an insolvent insurer; and
(2) to provide for the assessment of the cost of payments of covered claims and protection among insurers.
Status: in_force · Read it on the official government site
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