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SB 637

Maryland - Session 2026

Senate passed_upper 2026-03-28
Bill Details

Title: Maryland Automobile Insurance Fund - Fund Producer Commission Rate

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
Senator Jackson
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Actions Timeline
Date Event Detail
0000-00-00 Status passed_upper
2026-02-05 Introduced Bill introduced
2026-03-28 Latest Action In the House - First Reading Judiciary
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