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:
- 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.
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:
- 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: colicensing.mia@maryland.gov
Fax: 410-468-2112
Submit documents and fees to:
Maryland Insurance Administration
Company Licensing
200 St. Paul Place, Suite 2700
Baltimore, MD 21202
