SB 469: Maryland Automobile Insurance Fund - Affordability Program and Industry Automobile Insurance Association Assessments

Summary

Altering the cap, from 3% to 1%, on a certain assessment allocation percentage required to be calculated by the Board of Directors of the Industry Automobile Insurance Association; and authorizing the Executive Director of the Maryland Automobile Insurance Fun to establish an affordability program subject to certain requirements and modification under certain circumstances.

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May 26, 2026

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