Summary of Commercial Lines Deregulation Laws
MARYLAND

  State Exemption Exempt Policyholder Criteria Other Provisions

Maryland

Pending approval by Gov.; if approved, effective 10/1/00

Rate/Form

Exempts insurers from filing policy for ECPs for prior approval. Must have minimum aggregate premium of $75K and meet two of following criteria:

--annual revenue/sales of more than $10M

--net worth of more than $5M

--employ more than 25 employees

--nonprofit/public entity w/budget of more than $10M

--municipality w/population of more than 15K

Excludes workers compensation

ECPs must certify exempt status in writing to commissioner and insurer; certification includes disclaimer

Insurance commissioner may authorize automatic export for certain ECPs

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