MARYLAND INSURANCE ADMINISTRATION GE Life and Annuity - mdinsurance state md 2025

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About the state exam License ExamExam TimeTotal Questions Life and Health Producer Combo 2 hrs 30 mins 140 Life Producer 1 hr 45 mins 90 Health Producer 1 hr 45 mins 90
The Commissioner authorizes and licenses insurance companies, producers, adjusters, and advisors for fire, casualty, life, accident, health, title, bail bonds, and other insurance and annuities.
The primary role of the Maryland Insurance Administration (MIA) is to protect consumers from illegal insurance practices by ensuring that insurers and producers that operate in Maryland act in ance with State insurance laws.
The Maryland Insurance Administration (MIA) has jurisdiction over all insurers, insurance producers (agents or brokers) premium finance companies, motor clubs and HMOs authorized or licensed to conduct business in Maryland.
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Overview of Our Responsibilities License insurance companies and producers operating in Maryland. Conduct financial examinations of insurance companies to ensure solvency. Conduct market conduct examinations to ensure compliance with Marylands insurance laws. Investigate acts of insurance fraud.
The Corporation funds its coverage obligations from three sources - the assets of the insolvent insurer, premiums due after liquidation, and assessments of the Corporations member insurers.
Protect Maryland consumers by regulating the states insurance companies and producers. Investigate complaints consumers have about their insurance coverage, including, but not limited to, life, health, automobile, and homeowners. License insurance companies and producers operating in Maryland.

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