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2023 Maryland Statutes
Insurance
Title 27 - Unfair Trade Practices and Other Prohibited Practices
Subtitle 1 - General Provisions
Section 27-101 - Purpose of Title
Universal Citation: MD. Insurance Code § 27-101 (2023)
The purpose of this title is to regulate trade practices in the business of insurance in accordance with the intent of Congress expressed in the McCarran-Ferguson Act, 15 U.S.C. §§ 1011 through 1015, by defining, or providing for the determination of, all trade practices in the business of insurance in the State that are unfair methods of competition or unfair or deceptive acts or practices and by prohibiting those trade practices.
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