Unannotated Code of Maryland (Last Updated: May 16, 2014) |
INSURANCE |
TITLE 11. INSURANCE RATING LAW |
SUBTITLE 3. COMPETITIVE RATING |
PART II. RATE MAKING -- IN GENERAL |
§ 11-311. Excess rate for specific risk
Latest version.
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On written application of an insurer that states its reasons for requesting the rate, accompanied by the written consent of the insured or prospective insured, filed with and approved by the Commissioner, a rate in excess of that provided by a filing otherwise applicable may be used on a specific risk.