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Terms Used In Maryland Code, INSURANCE 27-204

  • Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
A person may not make, publish, disseminate, or circulate, directly or indirectly, or aid, abet, or encourage the making, publishing, disseminating, or circulating of an oral or written statement or a pamphlet, circular, article, or literature that:

(1) is false or maliciously critical of or derogatory to the financial condition of an insurer or person proposing to become an insurer; and

(2) is calculated to injure a person engaged in or proposing to engage in the business of insurance.

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