In accordance with Sections 2-112 and 11-218 of the Insurance Article, Annotated Code of Maryland, an applicant desiring to be licensed as a rating organization in Maryland is required to file with the Maryland Insurance Administration the following using our NEW online portal:
- Application
- A copy of its constitution, articles of agreement or association, or certificate of incorporation and its bylaws, rules and regulations that govern the conduct of its business.
- A list of its members and subscribers.
- An appointment of the Commissioner as agent for the acceptance of service of process.
- A statement of its qualifications as a rating organization.
- Licensing fee of $25 (non-refundable) made payable to the Maryland Insurance Administration.
To gain access to the portalm, please complete the online for NEW entities only.
Application estimated verification time: two to five business days.
Application estimated application determination time: 14 to 30 days.
Estimated length of time to complete application: varies based on size and complexity.
Upon receipt of the documents listed above and the filing fee, a determination will be made to grant or deny the application wholly or partly
A license as a rating organization expires three (3) years after its effective date.
Once licensed, companies are required to apply to renew before the expiration date by submitting the following using our NEW online portal:
- Renewal Application
- A current list of its members and subscribers.
- Licensing fee of $25 (non-refundable) made payable to the Maryland Insurance Administration.
If you have any questions, contact:
Company Licensing
Phone: 410-468-2104
Email: [email protected]
Fax: 410-468-2112
