Maryland Insurance Administration News

NCCI Proposes Decrease for Workers’ Comp Loss Costs in Maryland

The National Council on Compensation Insurance (NCCI) recently delivered a workers’ compensation loss cost filing to the Maryland Insurance Administration. NCCI stated in its July 28 filing that based on its review of the most recently available data, it is …

Maryland Issues Clarification on Commission Sharing for Producers

The Maryland Insurance Administration (MIA) recently issued a bulletin explaining that, in exchange for a referral of an insurance applicant, an insurer or its appointed producer may provide a referral fee, commission split, or other valuable considerations to a licensed …

Dickerson Joins Maryland Insurance Administration as Associate Commissioner

Maryland Insurance Commissioner Al Redmer, Jr., announced the appointment of Lynn Dickerson as the Maryland Insurance Administration’s (MIA) new associate commissioner, Property and Casualty. Dickerson brings years of executive-level experience in the property/casualty field, including a decade spent as vice …

Maryland Issues Data Call for Claims Relating to Baltimore Unrest

The Maryland Insurance Administration (MIA) issued a data call for property/casualty insurers, the Maryland Automobile Insurance Fund (MAIF), the Joint Insurance Association (JIA), and surplus lines brokers in the state to provide data regarding claims relating to the recent Baltimore …

EEOC Alleges Maryland Insurance Administration Violated Equal Pay Act

The U.S. Equal Employment Opportunity Commission (EEOC) has filed a lawsuit against the Maryland Insurance Administration (MIA), alleging that Maryland’s insurance regulatory agency paid its women investigators and enforcement officers lower wages compared to their male counterparts for performing substantially …

Former Maryland Agent Pleads Guilty to Insurance Fraud

Authorities announced that a Hagerstown, Maryland, woman pleaded guilty in the Circuit Court for Washington County to one count of felony insurance fraud having a value of $300 or more. Maryland Attorney General Brian Frosh announced on April 7 that …

‘Crash and Buy’ Insurance Fraud Schemes Seen Growing in Maryland: MIA

The Maryland Insurance Administration (MIA) said “crash and buy” auto insurance schemes are a growing trend in the state. When an uninsured driver crashes, buys insurance, then claims the accident happened after the policy took effect, that is fraud and …

4 Health Insurers Fined $280K in Md. for Selling Unapproved Student Plans

Four health insurance companies paid a combined $280,000 in fines to the Maryland Insurance Administration (MIA) for selling unapproved health insurance plans to college students in Maryland, regulators announced last week. Student health benefit plans are only available to be …

Redmer Takes Oath of Office as Maryland’s Insurance Commissioner

The Maryland Insurance Administration (MIA) announced that Al Redmer, Jr. took the oath of office on Feb. 27 to serve as Maryland’s insurance commissioner. Redmer succeeds Therese M. Goldsmith, who stepped down from the post when Lawrence J. Hogan, Jr. …

Redmer to Return as Maryland’s Insurance Commissioner

Maryland’s Republican Gov.-elect Larry Hogan has named Al Redmer, Jr. to be the state’s insurance commissioner.