Maryland Insurance Section 10-106

Article - Insurance

§ 10-106.

      (a)      This section does not apply to a motor vehicle rental company that applies for a limited lines license to sell insurance in connection with, and incidental to, the rental of a motor vehicle under Subtitle 6 of this title.

      (b)      To qualify for a license as an insurance producer, a business entity must designate a licensed insurance producer to act as the business entity's principal contact with the Administration.

      (c)      The designated insurance producer shall:

            (1)      provide to the Administration at the time of designation the insurance producer's name, business address, business telephone number, business facsimile number, and business electronic mail address;

            (2)      notify the Insurance Administration in writing of any change in the information required by item (1) of this subsection within 10 days after the change;

            (3)      compile and maintain, to the extent reasonably possible, a list of locations where records of the business entity are maintained; and

            (4)      on request, cooperate with any investigation conducted by the Administration unless the cooperation is subject to a legal privilege asserted by the designated insurance producer or the business entity.



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