SB95Introduced in the Senate
Property and Casualty Insurance - Parametric Insurance - Regulation
Introduced by Arthur Ellis, District 28
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
Establishing requirements and prohibitions for parametric insurance policies that are issued to a resident of the State or are sold, solicited, negotiated, or offered in the State; and authorizing the Maryland Insurance Commissioner to establish a pilot program to provide insurers participating in the pilot program additional opportunities to provide parametric insurance products, serve a public need, protect vulnerable populations, and advance policy goals in the State.
Where it stands
Hearing 2/04 at 1:00 p.m.
January 21, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Pre-filed
First Reading Finance
Hearing 2/04 at 1:00 p.m.
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