MARYLAND INSURANCE ADMINISTRATION * BEFORE THE * * MARYLAND * v - mdinsurance state md 2025

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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 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.
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.
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.
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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Explanation: The Maryland Insurance Administration has the authority to examine the records of all admitted insurers to ensure that they comply with state regulations, maintain financial stability, and are able to pay their claims.

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