Section 11-324 - Designation as major insurer.
§ 11-324. Designation as major insurer.
On or before August 15 of each year, the Commissioner shall:
(1) prepare a list of insurers that are major insurers;
(2) compute each insurer's market share in the State in the preceding calendar year;
(3) notify in writing each insurer that has been designated as a major insurer; and
(4) compute each insurer's market share in Baltimore City.
[An. Code 1957, art. 48A, § 245; 1997, ch. 35, § 2.]