§ 11-219. Deviations from rating organization rates

MD Ins Code § 11-219 (2019) (N/A)
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(a)    An insurer may deviate from the rates filed by a rating organization if:

(1)    the insurer has filed the deviation to be applied with the rating organization and Commissioner;

(2)    the deviation is uniform in its application to all risks in the State of the class of insurance to which the deviation is to apply; and

(3)    the deviation is approved by the Commissioner.

(b)    The Commissioner may approve or disapprove a deviation as if the deviation filing were a rate filing and specify the period of time during which an approval will be effective.