{"id":"AGY-ST-INSURANCE-BANKING-030","kind":"order","level":"sector-regulator","jurisdiction":"Maryland; Maryland Insurance Administration","state":"MD","metro":"","industry":"","agency":"ST-INSURANCE-BANKING","eco":"","issuer":"Kathleen A. Birrane, Insurance Commissioner","authority":"COMAR 31.08.12","instrument":"Bulletin 20-32","title":"Code of Maryland Regulations (\u0027COMAR\u0027) 31.08.12 / Temporary Property \u0026 Casualty Moratoriums","dateIssued":"2020-08-13","effective":"2020-08-13","end":"Not rescinded (restates a standing regulation)","startDate":"2020-08-13","endDate":"2021-09-30","quarters":["2020Q3","2020Q4","2021Q1","2021Q2","2021Q3"],"types":["OTHER"],"addressees":["all property and casualty insurers and producers"],"clause":"[The Commissioner reminds property and] casualty insurers to review and abide by all of the requirements contained in COMAR 31.08.12 with respect to temporary insurance moratoriums. These requirements include, but are not limited to the [following]: 1. An insurer may not implement a moratorium unless the insurer has previously filed a moratorium protocol with the Administration for all lines of business that the insurer may wish to implement a moratorium; 2. The filed moratorium protocol must identify the events that will trigger and deactivate a [moratorium]","enforcement":"COMAR 31.08.12; Md. Code, Ins. § 4-113","functions":["IN underwriting (insurer-imposed moratoria on new business during the emergency regulated)","CB applicants for coverage"],"notes":"Issued as Hurricane Isaias approached, during the COVID-19 State of Emergency.","sourceUrl":"https://insurance.maryland.gov/Insurer/Documents/bulletins/20-32-Temporary-Property-and-Casualty-Moratoriums.pdf","snapshot":"","fileExists":true,"fileBytes":142766,"grade":"primary","character":"","description":"","collection":"AGY-ST-INSURANCE-BANKING","url":"/library/AGY-ST-INSURANCE-BANKING-030","exhibitUrl":"/exhibit/AGY-ST-INSURANCE-BANKING-030","citation":"Kathleen A. Birrane, Insurance Commissioner, Bulletin 20-32 (Aug. 13, 2020) (Ex. AGY-ST-INSURANCE-BANKING-030)","stateName":"Maryland","related":["AGY-ST-INSURANCE-BANKING-029","AGY-ST-INSURANCE-BANKING-031","AGY-ST-INSURANCE-BANKING-028"]}