* * AMERICAN GUARANTEE andamp - 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.
All Maryland vehicles MUST be insured at ALL times by a vehicle insurance company licensed in Maryland. Your vehicle insurance must cover, at a minimum: $30,000 for bodily injury. $60,000 for 2 or more people.
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.
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.
Please contact us at 1-800-492-6116.
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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.
Under the Commissioners direction, the Department uses its authority to protect Californians from insurance rates that are excessive, inadequate, or unfairly discriminatory, oversee insurer solvency to pay claims, set standards for agents and broker licensing, perform market conduct reviews of insurance companies,
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.

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