Publication Date
2024-01-09
effective date
2024-01-09
jurisdiction
Maryland Insurance Administration Releases Bulletin on Code of Maryland Regulations Revisions for Comment
On January 9, 2024, Maryland Insurance Administration released bulletin No. 24-2 for Code of Maryland Regulations notifying title insurers, title insurance agencies, and title insurance producers writing title insurance about 2022 legislative session amendments.
Numerous amendments include notification requirements for insurers in relation to finding producers or agencies who participate in prohibited activities. Please see attached document for full details.
AgentSync Actions
Our compliance experts are constantly searching for and analyzing industry updates. Their findings are then recorded in the Regulatory Updates section of the Compliance Library to explain how the update impacts the insurance industry. If a change impacts an AgentSync product, this will be highlighted to inform you that the product is being updated to ensure you remain in compliance.
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This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.
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