BALTIMORE – The Maryland Insurance Administration (MIA) today announced seven new insurance companies are approved to offer workers compensation and life insurance products in Maryland.“Our goal is to increase options for Maryland consumers; increased competition results in better customer service and eventually better pricing,” Maryland Insurance Commissioner Al Redmer, Jr. said. “When insurance companies decide to increase their footprint in Maryland that is a sign of a healthy marketplace.”
The MIA granted Certificates of Authority to the following companies:
The companies will market their workers compensation products through brokers and independent agents.
About the Maryland Insurance Administration
The Maryland Insurance Administration (MIA) is an independent State agency charged with regulating Maryland’s $28.5 billion insurance industry. For more information about the MIA, please visit www.insurance.maryland.gov or follow us on Facebook at www.facebook.com/MDInsuranceAdmin or Twitter at @MD_Insurance.
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