reglab/statecodes huggingface dataset:
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.15 - Senior or Retiree Designations and Credentials › Section 31.03.15.04 - Prohibited Use of Certification or Professional Designation

Current through Register Vol. 51, No. 14, July 12, 2024
The prohibited use of a certification or professional designation includes the following:
A. Use of certification or professional designation by a person who has not actually earned or is ineligible to use the certification or designation;
B. Use of nonexistent or self-conferred certification or professional designation;
C. Use of certification or professional designation that indicates a level of occupational qualifications obtained through education, training, or experience that the user does not have; and
D. Use of a certification or professional designation that was obtained from a designating or certifying organization that:
(1) Is primarily engaged in the business of instruction in sales, marketing, or sales and marketing;
(2) Does not have reasonable standards or procedures for assuring the competency of its designees or certificate holders;
(3) Does not have reasonable standards or procedures for monitoring and disciplining it designees or certificate holders for improper or unethical conduct; or
(4) Does not have reasonable continuing education requirements for its designees or certificate holders in order to maintain the designation or certification.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.15 - Senior or Retiree Designations and Credentials › Section 31.03.15.05 - Rebuttable Presumption

Current through Register Vol. 51, No. 14, July 12, 2024
A. There is a rebuttable presumption that a designating or certifying organization is not disqualified solely for purposes of this chapter if:
(1) The organization has been accredited by:
(a) The American National Standards Institute; or
(b) The National Commission for Certifying Agencies; or
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.15 - Senior or Retiree Designations and Credentials › Section 31.03.15.06 - Exceptions

Current through Register Vol. 51, No. 14, July 12, 2024
For purposes of this chapter, a certification or professional designation does not include a job title within an organization that is licensed or registered by a state or federal financial services regulatory agency, when that job title:
A. Indicates seniority or standing within the organization; or
B. Specifies an individuals' area of specialization within the organization.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.15 - Senior or Retiree Designations and Credentials › Section 31.03.15.07 - Enforcement

Current through Register Vol. 51, No. 14, July 12, 2024
Nothing in this chapter shall limit the Commissioner's authority to enforce existing provisions of law.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.16 - SHOP Exchange Navigators - Licensing › Section 31.03.16.01 - Purpose

Current through Register Vol. 51, No. 14, July 12, 2024
The purpose of this chapter is to establish certain requirements that must be satisfied in order to qualify for a SHOP Exchange navigator license.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.16 - SHOP Exchange Navigators - Licensing › Section 31.03.16.02 - Applicability

Current through Register Vol. 51, No. 14, July 12, 2024
This chapter applies to any person seeking to act as a SHOP Exchange navigator.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.16 - SHOP Exchange Navigators - Licensing › Section 31.03.16.03 - Definitions

Current through Register Vol. 51, No. 14, July 12, 2024
A. In this chapter, the following terms have the meaning indicated.
B. Terms Defined.
(1) "Administration" means the Maryland Insurance Administration.
(2) "Applicant" means a person who is applying for a SHOP Exchange navigator license.
(3) "Application" means a written request for a license in a form approved by the Commissioner.
(4) "Commissioner" means the Maryland Insurance Commissioner.
(5) "Effective Date" means the date on which a license takes effect.
(6) "Examination" means the written pre-licensing examination given under the authority of the Commissioner pursuant to Insurance Article, §
										31-112(d), Annotated Code of Maryland.
(7) "License" means a SHOP Exchange navigator license.
(8) "Licensee" means a SHOP Exchange navigator.
(9) "Maryland Health Benefit Exchange" means the public corporation established under Insurance Article, §
										31-102, Annotated Code of Maryland.
(10) "SHOP Exchange" has the meaning set forth in Insurance Article, §
										31-101(w), Annotated Code of Maryland.
(11) "SHOP Exchange navigator" has the meaning set forth in Insurance Article, §
										31-101(x), Annotated Code of Maryland.
(12) "SHOP Exchange navigator license" has the meaning set forth in Insurance Article, §
										31-101(y), Annotated Code of Maryland.
(13) "Training Program" means the educational program offered to an applicant by the SHOP Exchange that must be completed subject to Insurance Article, §
										31-112(c)(2)(v), Annotated Code of Maryland.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.16 - SHOP Exchange Navigators - Licensing › Section 31.03.16.04 - Licensing Requirements

Current through Register Vol. 51, No. 14, July 12, 2024
A. Before a person may act as a SHOP Exchange navigator in the State, the person shall obtain a license issued by the Commissioner.
B. To qualify for a license, an applicant:
(1) Shall be at least 18 years of age;
(2) Shall successfully complete the training program;
(3) Shall complete and pass both sections of the examination;
(4) Shall submit an application and any additional information the Commissioner deems necessary to the Administration;
(5) Shall pay to the Administration initial license and application fees if permitted by law;
(6) Shall be of good character and trustworthy; and
(7) May not have committed any act the Commissioner finds would warrant suspension or revocation of a license under Insurance Article, §
										31-112(e), Annotated Code of Maryland.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.16 - SHOP Exchange Navigators - Licensing › Section 31.03.16.05 - Examination

Current through Register Vol. 51, No. 14, July 12, 2024
A. To qualify to take the examination, an applicant must submit evidence of successful completion of the training program.
B. The examination shall be:
(1) Divided into a State-specific section and a general section;
(2) Based on a content outline that is approved by the Commissioner in consultation with the Maryland Health Benefit Exchange;
(3) Reviewed by the Commissioner on a periodic basis, in consultation with the Maryland Health Benefit Exchange, to ensure that it accurately measures an applicant's competency in the required areas of knowledge;
(4) In writing, but may be administered electronically to an applicant;
(5) Conducted in specified locations throughout the State which have been approved by the Commissioner;
(6) Conducted in facilities that comply with the Americans with Disabilities Act of 1990 as amended by 42 U.S.C. §
											12101, et seq.; and
(7) Administered quarterly, or more frequently if deemed appropriate by the Commissioner.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.16 - SHOP Exchange Navigators - Licensing › Section 31.03.16.06 - Changes to Information in the Application

Current through Register Vol. 51, No. 14, July 12, 2024
A. Within 30 days after a change to any information in an initial or renewal application, a licensee shall file with the Commissioner, in a form required by the Commissioner, the change in information.
B. If a licensee fails to timely file with the Commissioner a change to the information specified in §A of this regulation, the licensee is in violation of Insurance Article, §
									31-112(e)(1)(i), Annotated Code of Maryland.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.16 - SHOP Exchange Navigators - Licensing › Section 31.03.16.07 - License Term

Current through Register Vol. 51, No. 14, July 12, 2024
A. An initial license expires on the last day of the licensee's birth month following the second anniversary of the effective date of the initial license.
B. A renewal license expires on the second anniversary of its effective date.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.16 - SHOP Exchange Navigators - Licensing › Section 31.03.16.08 - License Renewal

Current through Register Vol. 51, No. 14, July 12, 2024
A. To qualify to renew a license, a licensee:
(1) Shall submit to the Commissioner a renewal application approved by the Commissioner;
(2) Shall pay a license renewal fee if permitted by law;
(3) Shall submit to the Commissioner any additional information the Commissioner deems necessary;
(4) Shall complete the continuing education requirements as set forth in §A(7) of this regulation;
(5) Shall be of good character and trustworthy;
(6) May not have committed any act the Commissioner finds would warrant suspension or revocation of a license under Insurance Article, §
										31-112(e), Annotated Code of Maryland;
(7) Shall complete 16 credit hours of continuing education during the prior license period as approved by the Administration in consultation with the Maryland Health Benefit Exchange. The credit hours shall include the following:
(a) A minimum of 9 credit hours in health insurance; and
(b) A minimum of 3 credit hours in ethics;
(8) Shall have paid all undisputed taxes and unemployment insurance contributions payable to the Comptroller of Maryland and the Maryland Secretary of Labor, Licensing, and Regulation or have provided for payment in a manner satisfactory to the unit responsible for collection; and
(9) Shall have paid any amount in arrears on an applicant's child support obligation, if any, or have provided for payment in a manner satisfactory to the unit responsible for collection.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.16 - SHOP Exchange Navigators - Licensing › Section 31.03.16.09 - Expired License Reinstatement

Current through Register Vol. 51, No. 14, July 12, 2024
A. An individual whose license has expired:
(1) Is prohibited from acting as a SHOP Exchange navigator in the State; and
(2) For up to 1 year after the expiration date of the license, may obtain reinstatement of the expired license by:
(a) Submitting to the Commissioner a reinstatement application approved by the Commissioner;
(b) Meeting all of the renewal requirements under Regulation .08(A) and (B) of this chapter; and
(c) Paying to the Administration the reinstatement fee, if permitted by law.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.17 - Consolidated Services Center - SHOP Exchange Enrollment Permits › Section 31.03.17.01 - Purpose

Current through Register Vol. 51, No. 14, July 12, 2024
The purpose of this chapter is to establish certain requirements that shall be satisfied in order to qualify for a SHOP Exchange enrollment permit.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.17 - Consolidated Services Center - SHOP Exchange Enrollment Permits › Section 31.03.17.02 - Applicability

Current through Register Vol. 51, No. 14, July 12, 2024
This chapter applies to any employee of the Consolidated Services Center seeking to provide the services set forth in Insurance Article, §
									31-112(c)(1), Annotated Code of Maryland.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.17 - Consolidated Services Center - SHOP Exchange Enrollment Permits › Section 31.03.17.03 - Definitions

Current through Register Vol. 51, No. 14, July 12, 2024
A. In this chapter, the following terms have the meaning indicated.
B. Terms Defined.
(1) "Administration" means the Maryland Insurance Administration.
(2) "Applicant" means a person who is applying for a SHOP Exchange enrollment permit.
(3) "Application" means a written request for a permit in a form approved by the Commissioner.
(4) "Commissioner" means the Maryland Insurance Commissioner.
(5) "Consolidated Services Center" has the meaning set forth in Insurance Article, §
										31-101(c-2), Annotated Code of Maryland.
(6) "Effective date" means the date on which a permit takes effect.
(7) "Examination" means the examination given under the authority of the Commissioner pursuant to Insurance Article, §
										31-112(d), Annotated Code of Maryland.
(8) "Maryland Health Benefit Exchange" means the public corporation established under Insurance Article, §
										31-102, Annotated Code of Maryland.
(9) "Permit" means a SHOP Exchange enrollment permit.
(10) "SHOP Exchange" has the meaning set forth in Insurance Article, §
										31-101(w), Annotated Code of Maryland.
(11) "SHOP Exchange Enrollment Permit" means a permit issued by the Commissioner to Consolidated Services Center employees, as required under Insurance Article, §
										31-113.1(b)(3), Annotated Code of Maryland.
(12) "SHOP Exchange Navigator License" has the meaning set forth in Insurance Article, §
										31-101(y), Annotated Code of Maryland.
(13) "Training program" means the educational program offered to an applicant by the SHOP Exchange that must be completed subject to Insurance Article, §
										31-112(2)(v), Annotated Code of Maryland.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.17 - Consolidated Services Center - SHOP Exchange Enrollment Permits › Section 31.03.17.04 - Permit Requirements

Current through Register Vol. 51, No. 14, July 12, 2024
A. Before an employee of the Consolidated Services Center may provide the services set forth in Insurance Article, §
									31-112(c)(1), Annotated Code of Maryland, the person shall obtain a permit issued by the Commissioner.
B. To qualify for a permit, an applicant shall:
(1) Be at least 18 years of age;
(2) Successfully complete the training program;
(3) Complete and pass both sections of the examination;
(4) Submit an application and any additional information the Commissioner deems necessary to the Administration;
(5) Pay to the Administration initial permit and application fees if permitted by law;
(6) Be of good character and trustworthy;
(7) Not have committed any act the Commissioner finds would warrant suspension or revocation of a permit under Insurance Article, §
										31-113.1(b)(4), Annotated Code of Maryland; and
(8) Be engaged by the Consolidated Services Center and receive compensation only through the Consolidated Services Center.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.17 - Consolidated Services Center - SHOP Exchange Enrollment Permits › Section 31.03.17.05 - Examination

Current through Register Vol. 51, No. 14, July 12, 2024
A. For an applicant to qualify to take the examination, the Maryland Health Benefit Exchange, or its designee, must submit evidence of the applicant's successful completion of the training program to the Commissioner.
B. The examination shall be the same examination administered by the Commissioner to those individuals seeking a SHOP Exchange Navigator License.
C. An applicant who fails a single section of the examination may retake the failed section of the examination within 1 year of the initial examination date. If the applicant does not pass the failed section within that time, the applicant shall retake both sections of the examination to be eligible to pass the examination. The examination may not be taken more than three times in a 6-week period.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.17 - Consolidated Services Center - SHOP Exchange Enrollment Permits › Section 31.03.17.06 - Changes to Information in the Application

Current through Register Vol. 51, No. 14, July 12, 2024
A. Within 30 days after a change to any information in an initial or renewal application, a permit holder shall file with the Commissioner, in a form required by the Commissioner, the change in information.
B. If a permit holder fails to timely file with the Commissioner a change to the information specified in §A of this regulation, the permit holder is in violation of Insurance Article, §
									31-112(e)(1)(i), Annotated Code of Maryland.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.17 - Consolidated Services Center - SHOP Exchange Enrollment Permits › Section 31.03.17.07 - Permit Term

Current through Register Vol. 51, No. 14, July 12, 2024
A. An initial permit expires on the last day of the permit holder's birth month following the second anniversary of the effective date of the initial permit.
B. A renewal permit expires on the second anniversary of its effective date.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.17 - Consolidated Services Center - SHOP Exchange Enrollment Permits › Section 31.03.17.08 - Permit Renewal

Current through Register Vol. 51, No. 14, July 12, 2024
A. To qualify to renew a permit, a permit holder shall:
(1) Submit to the Commissioner a renewal application approved by the Commissioner;
(2) Pay a permit renewal fee if permitted by law;
(3) Submit to the Commissioner any additional information the Commissioner deems necessary;
(4) Complete the continuing education requirements as set forth in §A(7) of this regulation;
(5) Be of good character and trustworthy;
(6) Not have committed any act the Commissioner finds would warrant suspension or revocation of a SHOP Exchange enrollment permit under Insurance Article, §
										31-113.1(b)(4), Annotated Code of Maryland;
(7) Complete 16 credit hours of continuing education during the prior permit period as approved by the Administration in consultation with the Maryland Health Benefit Exchange which shall include the following:
(a) A minimum of nine credit hours in health insurance; and
(b) A minimum of three credit hours in ethics;
(8) Have paid all undisputed taxes and unemployment insurance contributions payable to the Comptroller of Maryland and the Maryland Secretary of Labor, Licensing, and Regulation or has provided for payment in a manner satisfactory to the unit responsible for collection;
(9) Have paid any amount in arrears on an applicant's child support obligation, if any, or has provided for payment in a manner satisfactory to the unit responsible for collection; and
(10) Be engaged by the Consolidated Services Center and receive compensation only through the Consolidated Services Center.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.17 - Consolidated Services Center - SHOP Exchange Enrollment Permits › Section 31.03.17.09 - Expired Permit Reinstatement

Current through Register Vol. 51, No. 14, July 12, 2024
A. An individual whose permit has expired:
(1) Is prohibited from providing the services set forth in the Insurance Article, §
										31-112(c)(1), Annotated Code of Maryland; and
(2) For up to 1 year after the expiration date of the permit, may obtain reinstatement of the expired permit by:
(a) Submitting to the Commissioner a reinstatement application approved by the Commissioner;
(b) Meeting all of the renewal requirements under Regulation .08A-B(1), (2) and (3)(b) of this chapter; and
(c) Paying to the Administration the reinstatement fee, if permitted by law.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.18 - Public Adjusters › Section 31.03.18.01 - Scope

Current through Register Vol. 51, No. 14, July 12, 2024
This chapter does not apply to:
A. An adjuster for or an insurance producer or employee of an insurer or group of insurers under common control or ownership that, as representative of the insurer or group, adjusts losses or damages under policies issued by the insurer or group;
B. An insurance producer that acts as an adjuster without compensation for an insured for whom the insurance producer is acting as an insurance producer; or
C. An attorney at law who does not:
(1) Regularly act as a public adjuster; and
(2) Represent to the public by sign, advertisement, or otherwise that the attorney at law acts as a public adjuster.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.18 - Public Adjusters › Section 31.03.18.03 - General Continuing Education Requirements

Current through Register Vol. 51, No. 14, July 12, 2024
A. Except as provided in §§B and C of this regulation, in order to renew a license, a licensed public adjuster who is not a business entity shall successfully complete in each renewal period at least 24 hours of continuing education as follows:
(1) At least 3 hours in Ethics; and
(2) 21 hours shall be in courses designated by the Commissioner as "Public Adjuster" or "Property/Casualty".
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.18 - Public Adjusters › Section 31.03.18.04 - Holders of Expired Licenses Who Seek Reinstatement

Current through Register Vol. 51, No. 14, July 12, 2024
A. The holder of an expired license who seeks reinstatement of the license under Insurance Article, §
									10-408.1, Annotated Code of Maryland, shall fulfill the continuing education requirements for the renewal period that concluded on the day before the immediately preceding expiration date of the licensed public adjuster's license in order to qualify for reinstatement.
B. A licensed public adjuster who does not have sufficient hours of continuing education on the day before the most recent expiration date of the license will have all hours of continuing education earned on or after the expiration date credited toward the requirement for the renewal period that concluded on the day before the license expired.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.18 - Public Adjusters › Section 31.03.18.05 - Nonresident Licensed Public Adjusters

Current through Register Vol. 51, No. 14, July 12, 2024
A. A nonresident licensed public adjuster whose state or residence has a continuing education requirement shall fulfill all of the requirements of the state of residence, and the continuing education requirements of Maryland may not be applicable to the licensed public adjuster.
B. A nonresident licensed public adjuster whose state of residence does not have a continuing education requirement shall fulfill Maryland continuing education requirements, which may be fulfilled entirely through correspondence courses.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.18 - Public Adjusters › Section 31.03.18.06 - Licensed Public Adjuster Responsibilities

Current through Register Vol. 51, No. 14, July 12, 2024
A. A licensed public adjuster shall:
(1) Maintain a record of the certificate of course completion received for 4 years following the date that the course was completed; and
(2) Upon request, submit with the renewal application each certification of course completion needed to fulfill the licensed public adjuster's hours of continuing education for the renewal period.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.18 - Public Adjusters › Section 31.03.18.07 - Approval of Courses

Current through Register Vol. 51, No. 14, July 12, 2024
A. A continuing education course shall be submitted to the Commissioner for approval. The Commissioner may approve a course only if the course imparts substantive and procedural knowledge relating to the insurance field.
B. The Commissioner may not approve a course covering any of the following subject areas:
(1) A course in office or business skills, including typing, speed reading, or the use of computers, calculators, or other machines or equipment;
(2) A course in office management, client relations, or other matters aimed at improving the operating of the person 's business; or
(3) A course in salesmanship or product promotion, stress management, time management, psychology, motivation, or written or oral communications.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.18 - Public Adjusters › Section 31.03.18.08 - Submission of Courses for Approval

Current through Register Vol. 51, No. 14, July 12, 2024
A. A provider shall submit to the Commissioner:
(1) A fully completed course approval package consisting of the following forms provided by the Commissioner:
(a) Request for approval of continuing education course;
(b) Course coordinator information;
(c) Course instructor information and approval form;
(d) Certificate of course completion; and
(e) Checklist of items that must accompany the course approval package;
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.18 - Public Adjusters › Section 31.03.18.09 - Submission of Courses for Renewal

Current through Register Vol. 51, No. 14, July 12, 2024
A. At least 90 days prior to the expiration of a course's approval, the Commissioner shall mail to the provider of the approved course a notice that states:
(1) The course name, the course content code, the course number, and the date on which the course approval expires;
(2) The date by which the Commissioner must receive the request to renew; and
(3) The fee charged for reviewing continuing education courses submitted for renewal.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.18 - Public Adjusters › Section 31.03.18.10 - Providers

Current through Register Vol. 51, No. 14, July 12, 2024
A. A provider shall:
(1) Comply with this chapter for each of the provider's approved courses;
(2) Use in all communication with the Commissioner or the Commissioner's designee the provider identification number assigned by the Commissioner;
(3) Use a course coordinator who meets the qualifications specified in Regulation .11 of this chapter;
(4) Use an approved instructor; and
(5) Notify the Commissioner of the replacement of a course coordinator.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.18 - Public Adjusters › Section 31.03.18.11 - Course Coordinators

Current through Register Vol. 51, No. 14, July 12, 2024
A. The provider shall ensure that each approved continuing education course has at least one course coordinator who is responsible for:
(1) Supervising the administration of the course; and
(2) Compliance with this chapter.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.18 - Public Adjusters › Section 31.03.18.12 - Instructors

Current through Register Vol. 51, No. 14, July 12, 2024
A. The provider shall ensure that each continuing education course approved by the Commissioner is taught by an instructor who has been approved by the Commissioner as meeting the qualifications specified in this chapter.
B. The provider shall submit to the Commissioner a course instructor information and approval form for each instructor of an approved course.
C. An instructor shall possess one or more of the following qualifications:
(1) A minimum of 2 years experience in the subject matter being taught;
(2) A degree in the subject matter being taught; or
(3) A minimum of 2 years recent experiences as a licensed public adjuster and a minimum of 6 months practical experience in the subject matter being taught.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.18 - Public Adjusters › Section 31.03.18.13 - Advertising of Approved Courses

Current through Register Vol. 51, No. 14, July 12, 2024
A. Except as provided in §D of this regulation, a provider may not advertise or distribute promotional materials unless the course has been approved by the Commissioner.
B. Advertisements and promotional materials may not be deceptive or misleading and shall, at a minimum, clearly identify the number of hours of continuing education for which a course has been approved and the fee for taking the course.
C. A provider of an approved course who advertises or promotes a course that has not been approved or a course that is not eligible for approval shall prominently state that no hours of continuing education can be earned by taking the course.
D. A provider may request, in writing, permission to advertise a course before approval is obtained from the Commissioner by submitting:
(1) A letter specifically requesting permission to advertise the course before approval is obtained; and
(2) With the course approval package, all advertisements or promotional materials that will be used before approval and which shall prominently include the words "approval from the Insurance Administration pending ".
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.18 - Public Adjusters › Section 31.03.18.14 - Prohibited Practices

Current through Register Vol. 51, No. 14, July 12, 2024
The following practices by a provider, course coordinator, or instructor are prohibited:
A. Offering or teaching a course that is not approved or that is not in substantial conformity with the course completion package submitted to and approved by the Commissioner;
B. Promoting a particular public adjuster, insurance agency or insurance company or products of the agency or company; and
C. Requiring, as a condition of receiving a certificate of course completion, that students participate in other programs or services offered by the provider, course coordinator, or instructor.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.18 - Public Adjusters › Section 31.03.18.15 - Powers of the Commissioner

Current through Register Vol. 51, No. 14, July 12, 2024
A. The Commissioner, or the Commissioner's designee, may audit all course offerings with or without notice to the provider, course coordinator, or instructor of the course.
B. The Commissioner may suspend or revoke the approval of a course for any of the following violations of this chapter:
(1) Failure of the instructor to follow the approved course content;
(2) Failure to use a course coordinator meeting the qualifications specified in this chapter;
(3) Failure to use an approved instructor;
(4) Failure to notify the Commissioner of the date, time, location, and instructor of a course offering in accordance with Regulation .11C(2)(b) of this chapter; or
(5) Failure to submit a course completion roster in accordance with Regulation .10C of this chapter.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS › Chapter 31.03.18 - Public Adjusters › Section 31.03.18.16 - Waiver of the Continuing Education Requirement

Current through Register Vol. 51, No. 14, July 12, 2024
A. Subject to §B of this regulation, the continuing education requirements may be waived for a licensed insurance producer who:
(1) Submits a written request for a waiver; and
(2) Is determined by the Commissioner, in the Commissioner's discretion, to warrant a waiver.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 04 - INSURERS › Chapter 31.04.01 - Examination of Insurers › Section 31.04.01.01 - Applicability

Current through Register Vol. 51, No. 14, July 12, 2024
A. Regulation .02 of this chapter is applicable to a person who acts as an insurer in this State, including dental plan organizations, fraternal benefit societies, health maintenance organizations, and nonprofit health service plans.
B. Regulations .03 and .04 of this chapter are applicable to a person who acts as an insurer in this State, including dental plan organizations, fraternal benefit societies, health maintenance organizations, nonprofit health service plans, and accredited reinsurers.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 04 - INSURERS › Chapter 31.04.01 - Examination of Insurers › Section 31.04.01.02 - Examination of Foreign Authorized Insurers and Alien Authorized Insurers

Current through Register Vol. 51, No. 14, July 12, 2024
A. In this regulation, "accreditated state" means a state in which its insurance regulatory agency meets the accreditation requirements of the National Association of Insurance Commissioners in accordance with its Financial Regulation Standards and Accreditation Program.
B. Except as provided in §C of this regulation, the Commissioner shall examine each foreign authorized insurer or alien authorized insurer whenever the Commissioner considers advisable and at least once every 5 years.
C. Exception.
(1) Instead of conducting an examination of the foreign authorized insurer or the alien authorized insurer, the Commissioner may accept a full report of the last examination made of the insurer and certified by the insurance supervisory official of the state of domicile of a foreign authorized insurer or the state of entry of an alien authorized insurer.
(2) On and after January 1, 1994, the Commissioner may accept the report of examination only from an accreditated state whose insurance regulatory agency conducted the examination.
(3) If the report of examination is from an insurance regulatory agency of a nonaccreditated state, the Commissioner may accept the report only if the examination:
(a) Is performed under the supervision of an insurance regulatory agency of an accreditated state; or
(b) Is performed with the participation of one or more examiners who:
(i) Are employed by the insurance regulatory agency of an accreditated state, and
(ii) After a review of the work papers and report of the examination, state under oath that the examination is performed in accordance with the standards and procedures required by the accreditated state of the examiner.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 04 - INSURERS › Chapter 31.04.01 - Examination of Insurers › Section 31.04.01.03 - Conduct of Examination; Filing of Examination Report

Current through Register Vol. 51, No. 14, July 12, 2024
A. This regulation applies to:
(1) A person subject to examination under Insurance Article, §
										2-205, Annotated Code of Maryland;
(2) A nonprofit health service plan subject to examination under Insurance Article, §
										14-125, Annotated Code of Maryland;
(3) A fraternal benefit society subject to examination under Insurance Article, §
										8-461 or  8-462, Annotated Code of Maryland;
(4) A fronting reinsurer subject to examination under Insurance Article, §
										13-116, Annotated Code of Maryland;
(5) An accredited reinsurer subject to examination under Insurance Article, Title 5, Subtitle 9, Annotated Code of Maryland;
(6) A dental plan organization subject to examination under Insurance Article, §
										14-411, Annotated Code of Maryland; or
(7) A health maintenance organization subject to examination under Insurance Article, §
										2-205(b)(l)(v), Annotated Code of Maryland.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 04 - INSURERS › Chapter 31.04.01 - Examination of Insurers › Section 31.04.01.04 - Accounting Practices and Procedures

Current through Register Vol. 51, No. 14, July 12, 2024
A person who is required under Insurance Article, Annotated Code of Maryland, or Health-General Article, Annotated Code of Maryland, to file an annual financial statement, interim financial statement, audited financial report, or annual actuarial opinion shall prepare the documents in accordance with the Annual Statement Instructions and the Accounting Practices and Procedures Manual adopted by the National Association of Insurance Commissioners.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 04 - INSURERS › Chapter 31.04.02 - Examination of Principal Management or Controllers of Insurers › Section 31.04.02.01 - Purpose and Scope

Current through Register Vol. 51, No. 14, July 12, 2024
The purpose of this chapter is to ensure protection of the public interest by providing for the evaluation of the suitability of certain individuals who exercise control of any substantial portion of certain entities that do insurance business in the State, including an insurer, health maintenance organization, managed care organization, fraternal benefit society, nonprofit health service plan, and dental plan organization. This chapter does not apply to workers' compensation self-insurance groups organized pursuant to Insurance Article, Title 25, Subtitle 3, Annotated Code of Maryland.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 04 - INSURERS › Chapter 31.04.02 - Examination of Principal Management or Controllers of Insurers › Section 31.04.02.03 - Biographical Affidavit

Current through Register Vol. 51, No. 14, July 12, 2024
A. Biographical affidavits shall be submitted on the individuals required by the applicable filing when:
(1) An entity files an application for a certificate of authority using the NAIC Uniform Certificate of Authority Primary Application;
(2) A foreign entity files an application for a certificate of authority using the Uniform Certificate of Authority Expansion Application;
(3) A foreign entity files an application to redomesticate to Maryland using the Uniform Certificate of Authority Primary Application;
(4) A person files a registration statement pursuant to Insurance Article, §
										7-603, Annotated Code of Maryland; and
(5) Any person seeking to acquire control of an insurer or other entity files a statement pursuant to Insurance Article, §
										7-304, Annotated Code of Maryland.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 04 - INSURERS › Chapter 31.04.02 - Examination of Principal Management or Controllers of Insurers › Section 31.04.02.04 - Biographical Affidavit and Disclosure Authorization Format

Current through Register Vol. 51, No. 14, July 12, 2024
A. Form. Each biographical affidavit required by this chapter shall be submitted to the Commissioner and the approved independent third party in a legible format, in the most recent form made available by the NAIC.
B. Contents. The biographical affidavit requires an affiant to provide information, including the affiant's employment history, education, personal information, and character.
C. Date. Biographical affidavits must be certified by the affiant, notarized, and dated no earlier than 1 year prior to the date of submission of the application or statement, or management change.
D. NAIC Disclosure and Authorization Concerning Background Form.
(1) Consent to Release Information. By completing the NAIC "Disclosure and Authorization Concerning Background" form, the affiant consents to:
(a) The release of the information in the biographical affidavit to the approved independent third party;
(b) The background investigation conducted by the approved independent third party; and
(c) The approved independent third party's release of the results of its background report to the Commissioner.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 04 - INSURERS › Chapter 31.04.02 - Examination of Principal Management or Controllers of Insurers › Section 31.04.02.05 - Considerations Regarding Independent Third Parties

Current through Register Vol. 51, No. 14, July 12, 2024
A. The applicant is responsible for selecting an independent third party to perform the verification of the information contained in all submitted biographical affidavits.
B. When selecting the independent third party, the applicant:
(1) Must select an approved independent third party; and
(2) Is responsible for ensuring that the independent third party it selects is able to perform a complete investigation in the applicable jurisdictions.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 04 - INSURERS › Chapter 31.04.02 - Examination of Principal Management or Controllers of Insurers › Section 31.04.02.06 - Background Report

Current through Register Vol. 51, No. 14, July 12, 2024
A. Contents. A background report shall conform to the NAIC Background Investigation Guidelines and the Best Practices for NAIC Background Investigations for the preparation and content of the response from an approved independent third party.
B. Submission Requirements.
(1) The background report shall be prepared by an approved independent third party.
(2) Background reports must be submitted directly to the Commissioner by the approved independent third party.
(3) The applicant is responsible for ensuring that the background report has been provided to the Commissioner.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 04 - INSURERS › Chapter 31.04.02 - Examination of Principal Management or Controllers of Insurers › Section 31.04.02.07 - Review of Submitted Information

Current through Register Vol. 51, No. 14, July 12, 2024
The information contained in the biographical affidavit, the background report, and any other information deemed relevant by the Commissioner will be reviewed by the Commissioner to evaluate the suitability, competency, character, and integrity of the affiant. The review will also evaluate whether discrepancies or inconsistencies exist between information disclosed in the biographical affidavit and the background report and whether follow-up action should be taken.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 04 - INSURERS › Chapter 31.04.03 - Home and Executive Offices › Section 31.04.03.01 - Authority and Purpose

Current through Register Vol. 51, No. 14, July 12, 2024
This chapter is considered necessary as an aid to the effectuation of the provisions of Insurance Article, 2-112 and 4-115, Annotated Code of Maryland.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 04 - INSURERS › Chapter 31.04.03 - Home and Executive Offices › Section 31.04.03.03 - Home and Executive Offices

Current through Register Vol. 51, No. 14, July 12, 2024
An insurer's home office or executive office is the location at which significant aspects of the insurer's business operations are performed, and at which the insurer's books and records are prepared and maintained on a day-to-day basis and where a full-scope financial examination shall be made.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 04 - INSURERS › Chapter 31.04.04 - Annual Statements and Participation in National Association of Insurance Commissioners Information System › Section 31.04.04.01 - Required Financial Filings

Current through Register Vol. 51, No. 14, July 12, 2024
A. Annual Statements.
(1) Each domestic and foreign insurance company, health maintenance organization, dental plan organization, and nonprofit health service plan that has been issued a certificate of authority by the Administration is required to annually file an annual statement with the Administration in paper or electronic format as specified in Regulation .02 of this chapter.
(2) Unless the Commissioner extends the time for good cause, the annual statements shall be filed:
(a) For insurance companies and nonprofit health service plans, on or before March 1 of each year;
(b) For health maintenance organizations:
(i) On or before March 1 of each year; or
(ii) If approved by the Commissioner, within 60 days after the end of their fiscal year; and
(c) For dental plan organizations, April 1 of each year.
(3) The annual statements shall be:
(a) Prepared in accordance with the Annual Statement Instructions and Accounting Practices and Procedures Manual adopted by the National Association of Insurance Commissioners (NAIC);
(b) Supplemented by such related filings as shall be required by the Annual Statement Instructions.
(4) A domestic company's annual statement shall be prepared under oath and signed by at least two executive officers. The executive officers authorized to sign the oath shall include:
(a) The president, vice-president, or chief financial officer; and
(b) The secretary, treasurer, CEO, or other officer approved by the Commissioner.
(5) A foreign company's annual statement shall be prepared and executed in accordance with the laws and regulations of the company's home state.
Code of Maryland Regulations › Title 31 - MARYLAND INSURANCE ADMINISTRATION › Subtitle 04 - INSURERS › Chapter 31.04.04 - Annual Statements and Participation in National Association of Insurance Commissioners Information System › Section 31.04.04.02 - Form of Financial Filings

Current through Register Vol. 51, No. 14, July 12, 2024
A. Definition.
(1) In this regulation, the following term has the meaning indicated.
(2) "Required related annual filings" means, but is not limited to, the Statement of Actuarial Opinion, Risk-Based Capital Report, and Management's Discussion and Analysis.