This Week at the Circus - 3/26: Walking the tightrope (en masse)

no safety net here, ladies and gentlemen!

It's crossover week at the circus! Picture a high wire extending across Rowe Boulevard, between the House and Senate buildings. On this tightrope are 188 precariously perched politicians, attempting to ferry their pet projects across to the other side.

This week is critical to the bill passage process.  If you get your bill out of committee, and if it survives on the floor of the House or Senate, it is ready to “crossover” to whichever chamber has not heard it yet.  Bills that “crossover” in a timely fashion are guaranteed consideration by the other body.  Cross-over too late and your bill could die from inactivity. 

On the tightrope, sometimes wavering, are the following insurance bills:

SB 82/HB 279 - Increases the Uninsured Division’s bodily injury limits from $20,000/$40,000 to $30,000/$60,000.

SB 256/HB 876 – Exempts insurers from issuing a notice for commercial policy renewals if the premium is greater than $1,000 and increases by 3% or $300.

SB 309/HB149 – Requires motor scooters to be titled and insured.

SB 531/HB 1095 – Requires insurers to recalculate premium on policies within the 45-day underwriting period if information was not disclosed or incorrectly recorded on the initial application.

SB 938/HB 1059 – Allows an insurer to rescind a policy or binder if the applicant’s initial premium payment is made by a check that is dishonored and returned by a financial institution as unpaid due to insufficient funds.

SB 604/HB 715 – Seeks to overturn a 2006 Court of Appeals decision, Maurer v. Penn National Mutual Casualty Insurance.  The legislation would allow insurers to consent to settlements without waiving their rights to raise liability or damage defense.

SB 907/HB 356 – Shifts the responsibility for liability insurance on all rental vehicles to the insurance carrier of the renter.

SB 745/HB 1017 – Frees IWIF from further State government control, and creates the Chesapeake Employers’ Insurance Company.  This would be a non-stock, non-profit corporation organized under Maryland law that continues to pursue IWIF’s mission.

SB 1006 – Creates a variable commission structure for MAIF.

HB 1068 – Creates a homeowner’s cancellation notice requirement.

HB 1180 – Requires insurance companies to report new business to the Motor Vehicle Administration.

HB 1383 – Prohibits an insurer from excluding coverage solely because the subject of the risk or the policyholder’s address is located in a certain geographic area of the State.

Some of these bills should look familiar. We've mentioned many of them in past Circus posts, while they were in hearing. Now we're following them as they cross from the Senate to the House, or vice versa.