state_legiscan_drain · MD
Maryland Automobile Insurance Fund - Fund Producer Commission Rate
February 5, 2026
Summary
If enacted, this bill would lower the minimum commission rate that the Maryland Automobile Insurance Fund must pay to fund producers for private passenger auto insurance from 10% to 5% of premium, and would prohibit commissions on policies written directly without a producer.
AI-generated summary · Jun 8, 2026. Verify with your compliance counsel before acting.
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Source: https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0637?ys=2026RS
Common questions
- What does "Maryland Automobile Insurance Fund - Fund Producer Commission Rate" cover?
- If enacted, this bill would lower the minimum commission rate that the Maryland Automobile Insurance Fund must pay to fund producers for private passenger…
- When was it published?
- It was published on February 5, 2026.