§ 11-324. Designation as major insurer

Latest version.

   On or before August 15 of each year, the Commissioner shall:

   (1) prepare a list of insurers that are major insurers;

   (2) compute each insurer's market share in the State in the preceding calendar year;

   (3) notify in writing each insurer that has been designated as a major insurer; and

   (4) compute each insurer's market share in Baltimore City.

HISTORY: An. Code 1957, art. 48A, § 245; 1997, ch. 35, § 2.

                    
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