2025 Regular Session • Maryland Legislature
HB1159: Insurance - Property and Casualty Insurance - Minimum Acceptable Loss Ratio and Premium Refunds
Legislative Summary
Establishing a minimum acceptable loss ratio of 85% during a plan year for property and casualty insurers and requiring the insurer to refund a certain amount of premiums paid by an insured if the insurer's loss ratio does not meet or exceed the established loss ratio.
Demographic Impact
Overall analysis of equity impact
70% Positive
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Bill History
2/6/2025
First Reading Economic Matters
House of Delegates
2/6/2025
Hearing 2/26 at 1:00 p.m.
House of Delegates
Status Information
Current Status
Introduced(2/6/2025)
Chamber
House of Delegates
Committee
Economic Matters(House of Delegates)
