NAMIC testified in support of the Maryland Insurance Administration’s departmental bill on public adjusters, SB 231/HB 36. The bill strengthens existing Maryland law and provides even greater protections by increasing the number of days an insured age 65 and over can rescind or cancel a contract with a public adjuster and prohibits public adjusters from soliciting business within a certain period of time.
There was no public opposition to the bill in committee, and it will likely be on one of the first committee voting lists of the session.
Post Details
Publish Date
February 1, 2024
News Type
- State of the States
Topics
- Maryland
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