Auto insurance fund proposal withdrawn in Maryland

Auto Insurance

MAIF is no longer moving forward on the effort to gain policy rights within the state. The Maryland Automobile Insurance Fund (MAIF) – which is considered to be the auto insurance market of last resort within that state – has withdrawn the proposal that it previously put forward in order to obtain “sole and exclusive property” rights for all of the policies in that market. That proposal had initially been presented by MAIF approximately two months ago. The decision made by MAIF to remove its auto insurance proposal has been…

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