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HB 1387

Maryland House of Delegates bill in Session 2026.

Status: enrolled. Latest action: May 8, 2026.

Maryland Automobile Insurance Fund - Fund Producer Commission Rate.

Bill ID MD-2026-HB-1387
Session 2026
Status enrolled
Committee Judiciary; Finance
House of Delegates enrolled 2026-05-08
Insurance / Consumer Protection
Summary

Altering the minimum commission rate from 10% to 5% of the total premium that the Maryland Automobile Insurance Fund is required to pay to a fund producer of a policyholder to whom a policy is issued for private passenger auto insurance; and prohibiting the Fund from paying a commission to a fund producer for a policy written directly by the Fund without the involvement of a fund producer.

Sponsor
Delegate Coley
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-02-13 Introduced Bill introduced
2026-05-08 Status enrolled
2026-05-08 Latest Action In the House - Returned Passed
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