reglab/housing_qa huggingface dataset:
MD. Insurance Code Ann. §  4-110 (2021)
2021 Maryland Statutes|Insurance|Title 4 - General Requirements for Insurers|Subtitle 1 - Certificates of Authority|Section 4-110 - Contents of Certificate of Authority

    A certificate of authority shall state the kind or combination of kinds of insurance business that the insurer is authorized to transact in the State.
MD. Insurance Code Ann. §  4-111 (2021)
2021 Maryland Statutes|Insurance|Title 4 - General Requirements for Insurers|Subtitle 1 - Certificates of Authority|Section 4-111 - Scope of Certificate of Authority

    (a)    Except as otherwise provided in this section, a certificate of authority authorizes an insurer to engage in one kind or a combination of kinds of insurance business.    (b)    (1)    Subject to paragraph (2) of this subsection, an insurer authorized to engage in the business of life insurance may also write annuity contracts but the insurer is not authorized to engage in any other kind of insurance business except health insurance.        (2)    The Commissioner shall continue to authorize an insurer authorized to engage in the business of life insurance to engage in other kinds of insurance business, in addition to annuities and health insurance, if the insurer:            (i)    was authorized to engage in one kind or a combination of kinds of insurance business in addition to life insurance, health insurance, and annuities immediately before December 31, 1963; and            (ii)    is otherwise qualified to engage in that kind or combination of kinds of insurance business.    (c)    A reciprocal insurer may not engage in the business of life insurance or health insurance except as supplementary coverage in policies of liability insurance.
MD. Insurance Code Ann. §  4-114 (2021)
2021 Maryland Statutes|Insurance|Title 4 - General Requirements for Insurers|Subtitle 1 - Certificates of Authority|Section 4-114 - Cease and Desist Orders

    (a)    Without notice and before hearing, the Commissioner may issue and have served on an insurer an order requiring the insurer immediately to cease and desist from writing insurance in the State if it appears to the Commissioner that:        (1)    the insurer is:            (i)    conducting its business and affairs in a manner that threatens to make it insolvent or that is hazardous to its policyholders, creditors, or the general public; or            (ii)    engaged in an act, practice, or transaction that constitutes grounds making the insurer subject to conservation or liquidation proceedings; and        (2)    irreparable loss and injury to the property and business of the insurer or the general public has occurred or may occur unless the Commissioner acts immediately.    (b)    (1)    When an order is served on an insurer under subsection (a) of this section, the Commissioner shall issue and also serve on the insurer notice of a hearing to be held at a place and time not later than 5 days after the date of the order.        (2)    If the insurer waives the right to a hearing within 5 days after the date of the order, the hearing shall be held within 30 days after service of the order.
MD. Insurance Code Ann. §  4-116 (2021)
2021 Maryland Statutes|Insurance|Title 4 - General Requirements for Insurers|Subtitle 1 - Certificates of Authority|Section 4-116 - Annual and Interim Statements; Audited Financial Report

    (a)    (1)    On or before March 1 of each year, unless the Commissioner extends the time for good cause, each authorized insurer shall file with the Commissioner a complete statement of its financial condition, transactions, and affairs for the immediately preceding calendar year.        (2)    The annual statement shall:            (i)    be in the form and have the content approved for current use by the National Association of Insurance Commissioners or its successor organization; and            (ii)    contain any additional information that the Commissioner requires.        (3)    Unless the Commissioner requires otherwise, the statement of an alien insurer shall relate only to its transactions and affairs in the United States.        (4)    Unless the Commissioner extends the time for filing, an authorized insurer that fails to file an annual statement on or before March 10 shall pay a penalty of:            (i)    $100 for each day from March 1 to March 10, both inclusive; and            (ii)    $150 for each day from March 11 to the day before the Commissioner receives the statement, both inclusive.    (b)    At any time, the Commissioner may require an authorized insurer to file an interim statement containing the information that the Commissioner considers necessary.    (c)    (1)    Except as provided in subsection (d) of this section, on or before June 1 of each year, an authorized insurer shall file with the Commissioner an audited financial report for the immediately preceding calendar year.        (2)    The authorized insurer shall have the report prepared by an independent certified public accountant.        (3)    The Commissioner may:            (i)    set requirements for the form and content of the report; and            (ii)    for good cause, extend the time for filing the report.        (4)    Unless the Commissioner extends the time for filing, an authorized insurer that fails to file an audited financial report on or before June 10 shall pay a penalty of:            (i)    $100 for each day from June 1 to June 10, both inclusive; and            (ii)    $150 for each day from June 11 to the day before the Commissioner receives the report, both inclusive.    (d)    With 90 days’ advance notice, the Commissioner may require an authorized insurer to file an audited financial report earlier than the date specified in subsection (c) of this section.
MD. Insurance Code Ann. §  4-117 (2021)
2021 Maryland Statutes|Insurance|Title 4 - General Requirements for Insurers|Subtitle 1 - Certificates of Authority|Section 4-117 - Notice to Third Party Claimant of Payment to Attorney

    (a)    At the time of payment, if the payment has been specifically authorized by the claimant’s attorney, an insurer shall provide written notice to a third party claimant of payment of $2,000 or more in settlement of a third party liability claim for bodily injury if:        (1)    the claimant is an individual; and        (2)    the payment is delivered to the claimant’s attorney by check, draft, or other means.    (b)    The notice required by subsection (a) of this section shall be sent by regular mail no more than 5 working days after payment is delivered under subsection (a)(2) of this section to the claimant at the last known address of the claimant.    (c)    The insurer may provide notice to the claimant by a copy of the letter of transmittal to the claimant’s attorney.    (d)    This section may not be construed to create:        (1)    a cause of action for any person against an insurer based on the insurer’s failure to provide the notice required by this section; or        (2)    a defense for any party against a cause of action based on the insurer’s failure to provide the notice required by this section.
MD. Insurance Code Ann. §  4-201 (2021)
2021 Maryland Statutes|Insurance|Title 4 - General Requirements for Insurers|Subtitle 2 - Unauthorized Insurers|Section 4-201 - Scope of Subtitle

    (a)    In this section, “industrial insured” means an insured that:        (1)    procures the insurance of a risk by the services of a full-time employee acting as an insurance manager or buyer or a regularly and continuously retained qualified insurance consultant;        (2)    has aggregate annual premiums for insurance on all risks that total at least $100,000; or        (3)    has at least 25 full-time employees.    (b)    This subtitle does not apply to:        (1)    transactions in the State that involve, and are subsequent to the issuance of, a policy that was lawfully solicited, written, and delivered outside of the State that covers only a subject of insurance not resident, located, or expressly to be performed in the State at the time of issuance of the policy;        (2)    an individual life insurance policy or individual health insurance policy in force on July 1, 1968;        (3)    reinsurance of the liability of an authorized insurer;        (4)    insurance against perils of navigation, transit, or transportation on hulls, freights, or disbursements, or other shipowner interest, on goods, wares, merchandise, and all other personal property and interests in personal property in the course of exportation from or importation into a country, or transportation coastwise, including transportation by land or water from point of origin to final destination and including war risks, and on marine builder's risks, dry docks, and marine railways, including insurance of ship repairer's liability, and protection and indemnity insurance, except for insurance covering:            (i)    bridges and tunnels;            (ii)    pleasure craft that are under 60 feet in length and are owned and used for pleasure and not for business, hire, or other commercial use;            (iii)    fishing vessels under 50 gross tons that are not part of a fleet of three or more vessels; or            (iv)    charter or head boats under 50 gross tons that are not part of a fleet of three or more vessels;        (5)    aircraft insurance;        (6)    insurance on property or operations of railroads engaged in interstate commerce;        (7)    surplus lines insurance effected in accordance with Title 3, Subtitle 3 of this article;        (8)    insurance against legal liability arising out of the ownership, operation, or maintenance of property with a permanent situs outside of the State; or        (9)    insurance against loss of or damage to property with a permanent situs outside of the State.    (c)    Except for the premium tax requirement of § 4-209 of this subtitle and the reporting requirement of § 4-210 of this subtitle, this subtitle does not apply to an insurer or underwriter issuing an insurance contract to an industrial insured.
MD. Insurance Code Ann. §  4-202 (2021)
2021 Maryland Statutes|Insurance|Title 4 - General Requirements for Insurers|Subtitle 2 - Unauthorized Insurers|Section 4-202 - Legislative Policy

    (a)    The General Assembly finds that:        (1)    many residents of the State hold policies issued by insurers and other persons not authorized to do insurance business in the State;        (2)    these residents face the often insurmountable obstacle of asserting their legal rights under those policies in forums that are foreign to them and under laws and rules of practice that are unfamiliar to them; and        (3)    protection from the acts of insurers and other persons not authorized to do insurance business in the State can be achieved by:            (i)    maintaining fair and honest insurance markets;            (ii)    protecting the premium tax revenues of the State;            (iii)    protecting authorized insurers, which are subject to strict regulation, from unfair competition by unauthorized persons and unauthorized insurers; and            (iv)    protecting against evasion of the insurance regulatory laws of the State.    (b)    (1)    The General Assembly intends to subject certain insurers and other persons to the jurisdiction of the Commissioner, in proceedings before the Commissioner, and to the courts of the State in suits by or for the State and insureds or beneficiaries under insurance contracts.        (2)    To carry out this intent, the General Assembly provides for substituted service of process on certain insurers and other persons in any proceeding in a court and substituted service of any notice, order, pleading, or process on certain insurers and other persons in any proceeding before the Commissioner to enforce or effect full compliance with the insurance and tax laws of the State.    (c)    In carrying out the intent of this subtitle, the General Assembly declares that it is exercising:        (1)    its power to protect the residents of the State;        (2)    its power to define what constitutes doing an insurance business in the State; and        (3)    its powers and privileges under the McCarran-Ferguson Act.
MD. Insurance Code Ann. §  4-203 (2021)
2021 Maryland Statutes|Insurance|Title 4 - General Requirements for Insurers|Subtitle 2 - Unauthorized Insurers|Section 4-203 - Acting as Insurance Producer for Unauthorized Insurer Prohibited

    (a)    This section does not apply to:        (1)    acceptance of service of process;        (2)    surplus lines insurance;        (3)    a transaction for which a certificate of authority is not required under § 4-101(b) of this title;        (4)    reinsurance, as authorized under Title 5, Subtitle 9 of this article;        (5)    an adjuster while providing services with respect to a claim under a policy lawfully solicited, issued, and delivered outside of the State; or        (6)    the professional services of an attorney at law.    (b)    With respect to a subject of insurance resident, located, or to be performed in the State, a person may not in the State directly or indirectly act as an insurance producer for, or otherwise represent or help on behalf of another, an unauthorized insurer to:        (1)    solicit, negotiate, or effect insurance or an annuity contract;        (2)    inspect risks;        (3)    fix rates;        (4)    investigate or adjust losses;        (5)    collect premiums; or        (6)    transact insurance business in any other manner.
MD. Insurance Code Ann. §  4-204 (2021)
2021 Maryland Statutes|Insurance|Title 4 - General Requirements for Insurers|Subtitle 2 - Unauthorized Insurers|Section 4-204 - Advertisements of Unauthorized Insurers, Insurance Producers, and Others

    (a)    (1)    A person may not accept for publication or printing in a newspaper, magazine, or other periodical, or for broadcast on radio or television in the State, an advertisement or other notice that directly or indirectly solicits business for or sets forth the advantages of doing business with an insurer, insurance producer, or other person, unless the person that will publish or broadcast the advertisement or notice has a certificate issued by the Commissioner stating that the insurer, insurance producer, or other person named in the certificate is authorized to transact insurance business in the State.        (2)    On application of any person, the Commissioner shall issue the certificate without charge.    (b)    A person may not publish or print in a newspaper, magazine, periodical, circular letter, pamphlet, or in any other manner, or broadcast by radio or television in the State, an advertisement or other notice that directly or indirectly solicits business for or sets forth the advantages of doing business with an insurer, insurance producer, or other person that is not authorized to transact insurance business in the State.    (c)    A manufacturer, jobber, wholesaler, or retailer may not distribute or cause to be distributed matchbooks or other advertising matter, except newspapers and magazines of general circulation, that directly or indirectly solicits business for or sets forth the advantages of doing business with an insurer, insurance producer, or other person that is not authorized to transact insurance business in the State.
MD. Insurance Code Ann. §  4-208 (2021)
2021 Maryland Statutes|Insurance|Title 4 - General Requirements for Insurers|Subtitle 2 - Unauthorized Insurers|Section 4-208 - Contracts of Unauthorized Insurers Not Enforceable

    (a)    This section does not apply to:        (1)    lawfully procured surplus lines insurance; or        (2)    insurance contracts that are independently procured through negotiations occurring entirely outside of the State and that are reported and on which the premium tax is paid under §§ 4-210 and 4-211 of this subtitle.    (b)    An unauthorized insurer may not enforce an insurance contract effective in the State and entered into by the unauthorized insurer.
MD. Insurance Code Ann. §  4-209 (2021)
2021 Maryland Statutes|Insurance|Title 4 - General Requirements for Insurers|Subtitle 2 - Unauthorized Insurers|Section 4-209 - Premium Receipts Tax -- Unauthorized Insurers

    (a)    This section does not apply to:        (1)    premiums on lawfully procured surplus lines insurance;        (2)    premiums on independently procured insurance on which a tax has been paid under § 4–211 of this subtitle; or        (3)    wet marine and transportation insurance.    (b)    (1)    If an unauthorized insurer effects, continues, or renews insurance on a subject resident, located, or to be performed in the State, the unauthorized insurer shall pay to the Commissioner, before March 1 of the next calendar year, a premium receipts tax of 3% of gross premiums charged for the insurance.        (2)    For policies effective before July 21, 2011:            (i)    if the policy covers property, risks, or exposures located or to be performed entirely in the State, the premium receipts tax shall be computed on the entire premium at the rate specified in paragraph (1) of this subsection; and            (ii)    if the policy covers property, risks, or exposures located or to be performed both in and outside the State, the premium receipts tax shall be computed at the rate specified in paragraph (1) of this subsection only on that portion of the premium that is properly allocable to the risks located in the State.        (3)    For policies effective on or after July 21, 2011, if the State is the insured’s home state, the premium receipts tax shall be computed on the entire premium at the rate specified in paragraph (1) of this subsection.        (4)    Insurance that an unauthorized insurer effects, continues, or renews on a subject resident, located, or to be performed in the State that is procured through negotiations or an application wholly or partly occurring or made in or from within or outside of the State, or for which premiums wholly or partly are remitted directly or indirectly from in or outside of the State, is deemed to be insurance procured, continued, or renewed in the State.    (c)    The premium receipts tax under this section is instead of all other State taxes.    (d)    If an unauthorized insurer defaults on the payment of the tax under this section, the insured shall pay the tax.    (e)    If the tax is not timely paid under subsection (b) of this section, the amount of the tax due shall be increased by a penalty of:        (1)    25% of the tax due; and        (2)    an amount computed at the rate of 1% per month or any part of a month after the date the payment was due to the date the payment is made.
MD. Insurance Code Ann. §  4-210 (2021)
2021 Maryland Statutes|Insurance|Title 4 - General Requirements for Insurers|Subtitle 2 - Unauthorized Insurers|Section 4-210 - Report by Insured

    (a)    In this section, “insured” includes an industrial insured who procures insurance of a risk through a full–time employee acting as a risk manager.    (b)    (1)    Each insured that procures or causes to be procured insurance with an unauthorized insurer, or an insured or self–insured that procures or continues excess loss, catastrophe, or other insurance with an unauthorized insurer, on a subject of insurance resident, located, or to be performed in the State other than surplus lines insurance, shall file with the Commissioner a report under this section.        (2)    Insurance with an unauthorized insurer on a subject of insurance resident, located, or to be performed in the State that is procured through negotiations or an application wholly or partly occurring or made in or from within or outside of the State, or for which the premiums wholly or partly are remitted directly or indirectly from in or outside of the State, is deemed to be insurance procured in the State.    (c)    For policies effective before July 21, 2011, a report under this section shall be filed within 60 days after the date that the insurance was procured.    (d)    For policies effective on or after July 21, 2011, on or before March 15 and September 15 of each year, or at another interval that the Commissioner directs, each insured shall:        (1)    file with the Commissioner a report, on a form the Commissioner prescribes, on business subject to tax during the preceding half calendar year or other interval that the Commissioner directs; and        (2)    pay to the Commissioner the total amount of tax stated in the report.    (e)    By regulation, the Commissioner shall determine the required content and filing deadlines of the reports.
MD. Insurance Code Ann. §  4-211 (2021)
2021 Maryland Statutes|Insurance|Title 4 - General Requirements for Insurers|Subtitle 2 - Unauthorized Insurers|Section 4-211 - Premium Receipts Tax -- Insureds

    (a)    This section does not apply to wet marine and transportation insurance.    (b)    (1)    If an insured procures, continues, or renews insurance from an unauthorized insurer that is subject to a report under § 4–210 of this subtitle, a premium receipts tax of 3% of the gross premiums charged for the insurance is levied on the obligation, chose in action, or right represented by the premium charged for the insurance.        (2)    If an insurance contract subject to the tax is canceled and rewritten, the additional premium, for purposes of the premium receipts tax, is the premium in excess of the unearned premium of the canceled insurance contract.    (c)    If the insured fails to withhold from the premium the amount of the tax levied under this section, the insured is liable for the amount of the tax imposed under subsection (b) of this section and shall pay the tax to the Commissioner.    (d)    If the tax imposed under subsection (b) of this section is not timely paid, the amount of the tax due shall be increased by a penalty of:        (1)    25% of the tax due; and        (2)    an amount computed at the rate of 1% per month or part of a month after the date the payment is due until the date the payment is made.    (e)    If the tax is not timely paid under this section, on request of the Commissioner, the Attorney General shall proceed in a court of this State or another state or in a federal court or agency to recover the tax.