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SB 95

Maryland Senate bill in Session 2026.

Status: introduced. Latest action: June 15, 2026.

Property and Casualty Insurance - Parametric Insurance - Regulation.

Bill ID MD-2026-SB-95
Session 2026
Status introduced
Committee Finance
Senate introduced 2026-06-15
Summary

Establishing requirements and prohibitions for parametric insurance policies that are issued to a resident of the State or are sold, solicited, negotiated, or offered in the State; and authorizing the Maryland Insurance Commissioner to establish a pilot program to provide insurers participating in the pilot program additional opportunities to provide parametric insurance products, serve a public need, protect vulnerable populations, and advance policy goals in the State.

Sponsor
Senator Ellis
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-14 Introduced Bill introduced
2026-01-14 Status introduced
2026-06-15 Latest Action In the Senate - Hearing 2/04 at 1:00 p.m.
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