The Maryland Insurance Administration (MIA) published a bulletin outlining all of the insurance laws that were enacted in 2025. The laws are presented in four categories: life and health, property and casualty, general, and market regulation. This discussion will focus on the P&C and general bills. A summary of all the bills can be found in the bulletin.
HB 1098, effective July 1, 2025, amends the Insurance Article to require the Maryland Automobile Insurance Fund to calculate and report its RBC level following Title 4, Subtitle 3. The Fund is also required to increase its surplus to have its Total Adjusted Capital at an amount greater than or equal to its Company Level RBC by December 31, 2026. The bill also requires the MIA to submit a report to the Governor on the affordability of private passenger auto insurance in the state by January 1, 2026.
HB 1148 states insurers cannot refuse to issue a new policy for a residential condo unit if the reason for denial is that the applicant experienced a lapse in coverage of the unit, if the lapse was because of an insurer’s withdrawal from the market, and if the lapse was not longer than 90 days. The bill is effective October 1, 2025, and applies to new residential condo unit policies issued after January 1, 2026.
SB 228, effective October 1, 2025, removes the requirement that the insurance commissioner approve a program for applicants for a limited lines credit insurance license. The bill requires that, instead, any such program provide a comprehensive description of the limited lines credit insurance product. Any insurer administering a program must retain records of the program for at least five years.
HB 100 & SB 102, effective October 1, 2025, amends the Insurance Article to allow a resilience authority to pool together to purchase casualty insurance, property insurance, or health insurance, or to self-insure. A definition of resilience authority is added, meaning an authority incorporated by one or more local governments whose purpose is to undertake or support resilience infrastructure projects.
HB 895 & SB 279, effective October 1, 2025, replaces terms like military services, armed forces, and other similar terms found in the Insurance Article with “uniformed services”. Uniformed services include the Army, Navy, Air Force, Marine Corps, Space Force, Coast Guard, National Oceanic and Atmospheric Administration, and Public Health Service. This change expands protections that are given to consumers, producers, and public adjusters who are members of the uniformed services.
The bulletin can be found here.