Maryland Automobile Insurance Fund - Fund Producer Commission Rate

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Signed into Law

Summary

The bill eliminates the rule that the Maryland Automobile Insurance Fund must pay fund producers at least a 10% commission on private passenger auto policies, allowing the Fund to choose any rate as long as it does not exceed 15% of the total premium. It also adds limits on when commissions can be paid, such as prohibiting fully earned commissions and payments when an applicant does not qualify or fails to make the initial payment. The changes affect the Fund, its fund producers, and the drivers who buy policies through the Fund.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Hearings

• Judiciary — Bill Hearing
  Judiciary · Mar 10, 2026

History

1. May 26, 2026Approved by the Governor - Chapter 795
2. Apr 13, 2026Third Reading Passed
3. Apr 13, 2026Returned Passed
4. Apr 10, 2026Second Reading Passed
5. Apr 10, 2026Favorable Report by Finance
6. Apr 10, 2026Favorable Adopted
7. Mar 19, 2026Referred Finance
8. Mar 18, 2026Third Reading Passed
9. Mar 18, 2026Second Reading Passed with Amendments
10. Mar 18, 2026Favorable with Amendments Report by Judiciary
11. Mar 18, 2026Favorable with Amendments {
12. Feb 16, 2026Hearing 3/10 at 1:00 p.m.

The 12 most recent of 13 recorded actions.

Sponsors

• Coley · sponsor
• Phillips
• Rogers
• Ruff
• Stinnett
• Taylor

Bill text

Opens the legislature’s own copy.

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