ChangeBridge / Maryland / SB982 Passed
SB982 Senate Bill
Passed
2026-02-15

Mutual Insurance Holding Companies - Conversion to Mutual Insurers

Authorizing a mutual insurance holding company to convert its mutual insurance holding company system to a mutual insurer on adoption and approval of a plan of conversion; and establishing certain requirements related to the plan of conversion and its submission to the Maryland Insurance Commissioner for approval.

Bill Details

State

Maryland

Session

2026 Regular Session

Chamber

Senate

Official Source

mgaleg.maryland.gov/mgawebsite/Legislation...

LegiScan

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Sponsors

Cory McCray (Sen - D)

Action History

2026-04-07 S Second Reading Passed
2026-04-07 S Favorable Adopted
2026-04-06 S Favorable Report by Finance
2026-03-23 S Hearing 3/26 at 1:00 p.m.
2026-03-20 S Rereferred to Finance
2026-02-15 S First Reading Senate Rules

Committee Referrals

2026-02-15 S Rules
2026-03-20 S Finance

Bill Text Versions

2026-02-20 Introduced
2026-04-07 Engrossed

Subjects

Insurance - Other than Health Commerce and Business Hearings Insurance Administration Insurance Notices Plans and Proposals Rules and Regulations

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