This bulletin reminds property and casualty insurers of their statutory obligations under Maryland law regarding mandatory minimum vehicle liability coverage and the specific consumer notification and MVA reporting duties triggered upon cancellation or termination of coverage. Insurers must provide written notice to insureds before processing cancellations, retain those records for inspection, and immediately update their weekly MVA book-of-business file after cancellation. These are existing legal requirements reinforced by this bulletin, meaning non-compliance carries enforcement risk. P&C insurers writing motor vehicle policies in Maryland should verify their cancellation workflows, notification templates, and MVA reporting procedures are fully aligned with COMAR 11.18.04.03 and Section 19-504.
Source: https://insurance.maryland.gov/Pages/Bulletins/Bulletin-26-25.aspx