Maryland Code, INSURANCE 2-112
Terms Used In Maryland Code, INSURANCE 2-112
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- including: means includes or including by way of illustration and not by way of limitation. See
- Plaintiff: The person who files the complaint in a civil lawsuit.
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
- Service of process: The service of writs or summonses to the appropriate party.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(1) fees for certificates of authority:
(i) application fee for initial certificate of authority, including filing the application, articles of incorporation and other charter documents, except as provided in item (2) of this subsection, bylaws, financial statement, examination report, power of attorney to the Commissioner, and all other documents and filings in connection with the application $1,000
(ii) fee for initial certificate of authority $200
(iii) fee for annual renewal of certificate of authority for all foreign insurers and for domestic insurers with their home or executive office in the State……………………………………………………………………………………………………………$500
(iv) fee for annual renewal of certificate of authority for domestic insurers with their home or executive office outside the State, except those domestic insurers that had their home or executive office outside the State before January 1, 1929:
1. with premiums written in the most recent calendar year not exceeding $500,000………………………………………………………………………. $2,500
2. with premiums written in the most recent calendar year not exceeding $1,000,000……………………………………………………………………. $5,000
3. with premiums written in the most recent calendar year not exceeding $2,000,000……………………………………………………………………. $7,000
4. with premiums written in the most recent calendar year not exceeding $5,000,000……………………………………………………………………. $9,000
5. with premiums written in the most recent calendar year of more than $5,000,000…………………………………………………………………… $11,000
(v) reinstatement of certificate of authority $500
(2) fees for articles of incorporation of a domestic insurer or foreign insurer, exclusive of fees required to be paid to the Department of Assessments and Taxation:
(i) fee for filing the articles of incorporation with the Commissioner for approval $25
(ii) fee for amendment of the articles of incorporation $10
(3) fees for filing bylaws or amendments to bylaws with the Commissioner………………………………………………………………………………………………..$10
(4) fees for certificates of qualification:
(i) application fee $25
(ii) managing general agent certificate of qualification:
1. fee for initial certificate $30
2. annual renewal fee $30
(iii) surplus lines broker certificate of qualification:
1. fee for initial certificate within 1 year of renewal………………………………………………………………………………………………………..$100
2. fee for initial certificate over 1 year from renewal………………………………………………………………………………………………………..$100
3. biennial renewal fee $200
(5) fee for temporary insurance producer licenses and appointments…………………………………………………………………………………………………$27
(6) fees for licenses and permits:
(i) public adjuster license:
1. fee for initial license within 1 year of renewal $25
2. fee for initial license over 1 year from renewal $50
3. biennial renewal fee $50
(ii) adviser license:
1. fee for initial license within 1 year of renewal $100
2. fee for initial license over 1 year from renewal $200
3. biennial renewal fee $200
(iii) insurance producer license:
1. fee for initial license $54
2. biennial renewal fee $54
(iv) SHOP Exchange navigator license:
1. fee for initial license $54
2. biennial renewal fee $54
3. fee for reinstatement of license $100
(v) SHOP Exchange enrollment permit:
1. fee for initial permit $54
2. biennial renewal fee $54
3. fee for reinstatement of permit $100
(vi) application fee $25
(7) fee for each insurance vending machine license, for each machine, every second year $50
(8) fees for approval as a surplus lines insurer:
(i) fee for initial approval $1,000
(ii) annual renewal fee $1,000
(9) fees for eligibility as an accredited or certified reinsurer:
(i) fee for initial eligibility $1,000
(ii) annual fee for continued eligibility $1,000
(10) fees for required filings, including form and rate filings, under Title 11, Subtitles 2 through 4, Title 26, §§ 12-203, 13-110, 14-126, and 27-613 of this article, and § 15-311.2 of the Transportation Article ………………………… $125
(11) service of legal process fee under §§ 3-318(e), 3-319(d), and 4-107 of this article and § 19-708(b)(12) of the Health – General Article ………..……… $15
(12) annual fee for registration of an obligor under § 15-311.2 of the Transportation Article ……………………………………………….……………..……..$25
(13) fees for required filings under § 15-143 of this article……………………………………………………………………………………….. $125
(b) A court may award reimbursement of a service of process fee imposed under subsection (a)(10) of this section to a prevailing plaintiff in any proceeding against an insurer, surplus lines broker, or health maintenance organization.