Maryland SB865 extends and alters the membership and duties of the Workgroup on the Affordability of Private Passenger Automobile Insurance.

Maryland SB865 extends and alters the membership and duties of the Workgroup on the Affordability of Private Passenger Automobile Insurance. The workgroup will study the affordability of private passenger automobile insurance, focusing on factors contributing to premium rate increases and trends. It will also explore policy options to increase transparency and affordability, and ways to define affordability in the context of premium rates. The workgroup will report its findings and recommendations to the Governor and the General Assembly by January 1, 2026.

Maryland SB865 extends and alters the membership and duties of the Workgroup on the Affordability of Private Passenger Automobile Insurance.

Maryland SB865 extends and alters the membership and duties of the Workgroup on the Affordability of Private Passenger Automobile Insurance. The workgroup will study the affordability of private passenger automobile insurance, focusing on factors contributing to premium rate increases and trends. It will also explore policy options to increase transparency and affordability, and ways to define affordability in the context of premium rates. The workgroup will report its findings and recommendations to the Governor and the General Assembly by January 1, 2026.