Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 31. Maryland Insurance Administration |
Subtitle 08. PROPERTY AND CASUALTY INSURANCE |
Chapter 31.08.12. Temporary Moratoriums and Weather Events |
Sec. 31.08.12.01. Purpose
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The purpose of this chapter is to ensure that all authorized insurers that utilize temporary moratoriums on the writing of property and casualty insurance, the addition of endorsements for additional coverages, or other policy changes do so in a way that balances the interests of consumers, insurers, producers, and Maryland businesses.