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HB1616Introduced in the House of Delegates

Mutual Insurance Holding Companies - Conversion to Mutual Insurers

Passed

Introduced by Mike Rogers, District 32

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

Authorizing a mutual insurance holding company that, directly or indirectly, owns 100% of the capital stock of a reorganized stock insurer to convert its mutual insurance holding company system to a mutual insurer on adoption and approval of a plan of conversion; and establishing certain requirements related to the plan of conversion and its submission to the Maryland Insurance Commissioner for approval.

Where it stands

Approved by the Governor - Chapter 688

May 26, 2026

How did lawmakers vote?

House of Delegates votes

1 recorded vote · each counted separately

Senate votes

1 recorded vote · each counted separately

SenateStage: Third Reading Passed · April 8, 2026

43

Yes

0

No

4

Absent or Not Voting

47 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

See how each senator voted

Bill history

  1. First Reading House Rules and Executive Nominations

  2. Rereferred to Economic Matters

  3. Rereferred to Judiciary

  4. Hearing 3/19 at 1:00 p.m.

  5. Hearing canceled

  6. Hearing 3/20 at 1:00 p.m.

  7. Hearing canceled

  8. Hearing 3/20 at 1:30 p.m.

  9. Favorable Report by Judiciary

  10. Favorable Adopted Second Reading Passed

  11. Third Reading Passed (136-0)

  12. Referred Finance

  13. Hearing 3/26 at 1:00 p.m.

  14. Favorable Report by Finance

  15. Favorable Adopted

  16. Second Reading Passed

  17. Third Reading Passed (43-0)

  18. Returned Passed

  19. Approved by the Governor - Chapter 688

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