Consumers benefit from competitive marketplace with additional carriers and product choices | |
BALTIMORE – The Maryland Insurance Administration (MIA) today announced six new insurance companies have been licensed to do business in the state of Maryland since July. This brings the grand total to fifteen new companies coming to Maryland to do insurance related business in 2016. The MIA also approved applications for four companies (already licensed to do business in Maryland) to sell additional insurance products.
“We continue to welcome insurance companies to the Maryland marketplace and to have existing companies expand their product offerings to Maryland consumers,” said Maryland Insurance Commissioner Al Redmer, Jr. “Our goal is to provide Maryland citizens with choice when it comes to insurance matters. Our strategy is to be proactive in the area of economic development as it relates to this very important sector of our economy.”
The MIA granted Certificates of Authority to the following insurance companies:
Approved New Managing General Agents Applications:
Approved New Risk Retention Group (RRG) Applications:
Approved New Surplus Lines Applications:
Insurance Companies Approved to Add Lines of Insurance in Maryland marketplace:
The Maryland Insurance Administration is an independent State agency charged with regulating Maryland’s $28.5 billion insurance industry. For more information about the Insurance Administration, please visit www.insurance.maryland.gov or follow us on Facebook at www.facebook.com/MDInsuranceAdmin or Twitter at @MD_Insurance. |
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Monday, December 19, 2016
The Maryland Insurance Administration Welcomes Six New Insurance Companies to Maryland Marketplace
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4 comments:
Still has not reduced my cost! Guess you have to be on welfare to get a break in md.otherwise our backs are broken supporting the useless tax suckers
None of them are health insurers, for ACA.
None of them sell *health* insurance! If automobile insurance or life insurance or home insurance can be sold across state lines why can't health insurance be sold the same way?
This is BS unless you work at walmart or not at all you will pay a lot..if trump repeals it then why bother getting it..it's a scam anyway.
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