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2013 Maryland Code
INSURANCE
§ 11-216 - Use of territory as a rate determining factor.


MD Ins Code § 11-216 (2013) What's This?

§11-216.

An insurer that uses territory as a factor in establishing automobile insurance rates shall submit a statement to the Commissioner certifying that:

(1) the territories used by the insurer have been reviewed within the previous 3 years; and

(2) use of the territories is actuarially justified.

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