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HB 1616

Maryland House of Delegates bill in Session 2026.

Status: enrolled. Latest action: April 24, 2026.

Mutual Insurance Holding Companies - Conversion to Mutual Insurers.

Bill ID MD-2026-HB-1616
Session 2026
Status enrolled
Committee Judiciary; Finance
House of Delegates enrolled 2026-04-24
Summary

Authorizing a mutual insurance holding company that, directly or indirectly, owns 100% of the capital stock of a reorganized stock insurer to convert its mutual insurance holding company system to a mutual insurer on adoption and approval of a plan of conversion; and establishing certain requirements related to the plan of conversion and its submission to the Maryland Insurance Commissioner for approval.

Sponsor
Delegate Rogers
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-02-19 Introduced Bill introduced
2026-04-24 Status enrolled
2026-04-24 Latest Action In the House - Returned Passed
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