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Open Competition bill eyed to ease Maryland insurance market
Frederick agents warn a tough year looms for Maryland buyers unless the Open Competition bill passes. The measure would let insurers set rates without prior Insurance Commissioner consent but protect against excessive or unfairly discriminatory pricing. The public policy aims to boost competition, expand coverage, and lower costs while preserving commissioner oversight.
MENTIONED IN THIS ARTICLE
Maryland
Igzent
Robert J. Smith
Frederick
Annapolis