{"id":"AGY-ST-INSURANCE-BANKING-028","kind":"context","level":"sector-regulator","jurisdiction":"Maryland; Maryland Insurance Administration","state":"MD","metro":"","industry":"","agency":"ST-INSURANCE-BANKING","eco":"","issuer":"Kathleen A. Birrane, Insurance Commissioner","authority":"Md. Code, Ins. § 2-108","instrument":"Bulletin 20-28","title":"Cancellation of Property \u0026 Casualty insurance policies due to non-payment of premium during the COVID-19 State of Emergency","dateIssued":"2020-07-02","effective":"2020-07-02","end":"Informational filing required (Bulletin 20-35); resumption governed by the guidance","startDate":"2020-07-02","endDate":"2020-12-31","quarters":["2020Q3","2020Q4"],"types":["OTHER"],"addressees":["all property and casualty insurers and producers","the Maryland Automobile Insurance Fund"],"clause":"Each insurer that has deferred cancellations or otherwise extended payment accommodations [must consider the factors stated]... To that end, the Administration will be requiring each property and [casualty insurer to make an informational filing]... [For insurers] that have deferred cancellation and/or premium collection, the Administration provides the following guidance to insurers with respect to the resumption of non-payment cancellations","enforcement":"Md. Code, Ins. §§ 27-601 to 27-613; § 4-113","functions":["IN property and casualty billing and cancellation (resumption regulated)","CB policyholders whose cancellations were deferred from March through July 2020"],"notes":"The regulator\u0027s own record that insurers had \u0027deferred cancellations\u0027 and \u0027extended payment accommodations\u0027 through the second quarter of 2020 and that resumption would be supervised.","sourceUrl":"https://insurance.maryland.gov/Insurer/Documents/bulletins/20-28-Cancellation-of-Property-and-Casualty-ins-policies-due-to-non-payment-during-COVID-19-SOE.pdf","snapshot":"","fileExists":true,"fileBytes":162293,"grade":"primary","character":"context","description":"","collection":"AGY-ST-INSURANCE-BANKING","url":"/library/AGY-ST-INSURANCE-BANKING-028","exhibitUrl":"/exhibit/AGY-ST-INSURANCE-BANKING-028","citation":"Kathleen A. Birrane, Insurance Commissioner, Bulletin 20-28 (July 2, 2020) (Ex. AGY-ST-INSURANCE-BANKING-028)","stateName":"Maryland","related":["AGY-ST-INSURANCE-BANKING-023","AGY-ST-INSURANCE-BANKING-029","AGY-ST-INSURANCE-BANKING-030","AGY-ST-INSURANCE-BANKING-031"]}