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state_legiscan_drain · MD

Maryland Automobile Insurance Fund - Affordability Program and Industry Automobile Insurance Association Assessments

February 4, 2026

Summary

If enacted, this bill would alter the cap on a certain assessment allocation percentage required to be calculated by the Board of Directors of the Industry Automobile Insurance Association and authorize the Executive Director of the Maryland Automobile Insurance Fund to establish an affordability program subject to requirements and modification. This affects insurers and consumers in Maryland.

Source: https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0816?ys=2026RS

Common questions

What does "Maryland Automobile Insurance Fund - Affordability Program and Industry Automobile Insurance Association Assessments" cover?
If enacted, this bill would alter the cap on a certain assessment allocation percentage required to be calculated by the Board of Directors of the…
When was it published?
It was published on February 4, 2026.

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