Mutual Insurance Holding Companies - Conversion to Mutual Insurers
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “Mutual Insurance Holding Companies - Conversion to Mutual Insurers” Read the full text
2026 session
What it does
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.
From the official legislative record, shown verbatim. Not legal advice.
Where it is
First reading, house of origin · Feb 18, 2026
Hearing · Mar 20, 2026
Committee report, house of origin: Favorable · Mar 20, 2026
Second reading, house of origin: Passed · Mar 8, 2026
Third reading, house of origin: Passed · Mar 10, 2026
First reading, opposite house · Mar 6, 2026
Committee report, opposite house: Favorable · Apr 5, 2026
Second reading, opposite house: Passed · Mar 17, 2026
Third reading, opposite house: Passed · Mar 19, 2026
The numbers
1
sponsor on the bill
Sponsors
Every fact on this page links to its source, starting with the official bill record. Last action: Approved by the Governor - Chapter 688 (as of Aug 30, 2026).