Maryland Insurance Administration


Please Note

We are a service company that can help you file with the Maryland Insurance Administration. We are not associated with this nor any other government agency. We offer paid services and software to help you file. You are not required to purchase our service to file - you may file directly with this agency without using our service.


Contact Information

Physical address:
200 St. Paul Place
Suite 2700
Baltimore, MD 21202

Phone: 410-468-2000

Web: Home Name search Forms

Licenses

We track the following licenses with the Maryland Insurance Administration in order to provide compliance services to our clients. As a client, you see this and other reference data in License Manager in-line with your licenses.

A laptop placed on a desk with our License Manager software on display

Maryland Adviser License - Resident

Agency:Maryland Insurance Administration
Exam Required?No

Initial Registration

Filing Method:

Online

Agency Fee:

$200

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

Biennially by the end of the licensee's birth month.

Maryland Charitable Gift Annuity Registration

Agency:Maryland Insurance Administration
Law:

MD Ins. Code § 16-114

Organization Age Requirement:

10 years of continuous existence immediately preceeding licensure.

Audit Requirements:

Audited financial statements are required with the annual permit renewal.

Initial Registration

Agency Fee:

$0

Notes:

Maryland requires charities to apply for a permit to receive exemption from state insurance laws. There is no form, but the charity should submit proof that it meets the requirements for exemption. To qualify organizations must have been in existence as a 501(c)(3) for at least 10 years and must maintain a separate fund reserve fund for annuity funds.

Registration Renewal

Agency Fee:

$0

Due:

Annually within 90 days of the charity's fiscal year end.

Notes:

There is no renewal form, but charities should submit the required statements and audit to renew their permit.

Maryland Individual Insurance Producer License

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$54

Registration Renewal

Filing Method:

Online

Agency Fee:

$69

Due:

Biennially by the end of the licensee's birth month.

Maryland Insurance Agency License

Agency:Maryland Insurance Administration

Initial Registration

This section applies to insurance firms that are applying for a license in Maryland for the first time.

Agency:Maryland Insurance Administration
Form:

http://insurance.maryland.gov/Producer/Pages/default.aspx

Agency Fee:

Varies by insurance type. Baseline of $54

Registration Renewal

This section applies to insurance firms that are already licensed in Maryland and need to renew their license.

Agency:Maryland Insurance Administration
Form:

http://insurance.maryland.gov/Producer/Pages/default.aspx

Agency Fee:

Varies by insurance type. Baseline of $54

Due:

Biennially

Maryland Insurance Agent License

Agency:Maryland Insurance Administration

Initial Registration

This section applies to insurance agents that are applying for a license in Maryland for the first time.

Agency Fee:

From $5 to $250 depending on license type

Maryland Insurance Producer License - Non-Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$54

Registration Renewal

Filing Method:

Online

Agency Fee:

$69

Due:

Biennially by the date of issuance.

Maryland Insurance Producer License - Non-Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$54

Registration Renewal

Filing Method:

Online

Agency Fee:

$69

Due:

Biennially by the end of the licensee's birth month.

Maryland Insurance Producer License - Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$54

Registration Renewal

Filing Method:

Online

Agency Fee:

$69

Due:

Biennially by the date of issuance.

Maryland Insurance Producer License - Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$54

Registration Renewal

Filing Method:

Online

Agency Fee:

$54

Due:

Biennially by the end of the licensee's birth month.

Maryland Motor Club Representative License - Non-Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$3

Maryland Motor Club Representative License - Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$3

Maryland Motor Vehicle Rental Corporation License - Non-Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$54

Registration Renewal

Filing Method:

Online

Agency Fee:

$69

Due:

Biennially by the date of issuance.

Maryland Motor Vehicle Rental Corporation License - Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$54

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

Biennially by the date of issuance.

Maryland Motor Vehicle Rental Franchise License - Non-Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$54

Registration Renewal

Filing Method:

Online

Agency Fee:

$69

Due:

Biennially by the date of issuance.

Maryland Motor Vehicle Rental Franchise License - Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$54

Registration Renewal

Filing Method:

Online

Agency Fee:

$69

Due:

Biennially by the date of issuance.

Maryland Portable Electronics License - Non-Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$54

Registration Renewal

Filing Method:

Online

Agency Fee:

$169

Due:

Biennially by the date of issuance.

Maryland Portable Electronics License - Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$54

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

Biennially by the date of issuance.

Maryland Private Review Organization Certification

Type of Review:

Medical or Workers' Compensation Utilization Review

Agency:Maryland Insurance Administration

Initial Registration

Form:

Private Review Agent Certification Application

Agency Fee:

$1,500

Required Attachments:

Registration Renewal

Agency Fee:

$1,500

Due:

Biennially by the date of issuance.

Maryland Public Adjuster License - Non-Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$165

Due:

Biennially by the date of issuance.

Maryland Public Adjuster License - Non-Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Maryland Public Adjuster License - Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

Biennially by the date of issuance.

Maryland Public Adjuster License - Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

Biennially by the end of the licensee's birth month.

Maryland Surplus Lines Broker License - Non-Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$200 if date of application is more than 1 year from insurance producer license expiration date and $100 if date of application is less than 1 year from insurance producer license expiration date.

Registration Renewal

Filing Method:

Online

Agency Fee:

$300

Due:

Biennially by the end of the licensee's birth month.

Maryland Surplus Lines Broker License - Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$200

Due:

Biennially by the date of issuance.

Maryland Surplus Lines Broker License - Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$200

Due:

Biennially by the end of the licensee's birth month.

Maryland Third Party Administrator License - Non-Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$250

Registration Renewal

Filing Method:

Online

Agency Fee:

$65

Due:

Biennially by the date of issuance.

Maryland Third Party Administrator License - Resident

Agency:Maryland Insurance Administration
Bond Requirements:

The amount of the bond is determined at the time of application for registration or renewal, and is based on the average amount of money that the administrator or its predecessor handled in the prior year, and expects to handle in the current calendar year. The amount of the bond must be equal to at least 10% of the average amount of money that the administrator expects to handle at any one time for all plans administered during the year. The minimum bond amount is $5,000 and the maximum amount is $500,000.

The surety bond or continuation certificate must clearly state:
  - bond company and bond amount
  - bond coverage period
  - show the State of Maryland as the obligee
  - duly executed by the principal/producer and bond company/attorney-in-fact

Form

◘ Applicants for an initial TPA Registration or a renewal must submit a current, original surety bond unless: (1) the Commissioner has granted a waiver; (2) the applicant only administers plans under which benefits are paid only from the general assets of an employee organization or of an employer; or (3) the applicant is a corporation organized and authorized under the laws of the United States or a state to do business as an insurer or to exercise trust powers, is subject to supervision or examination by a federal or State authority, and continuously maintains combined capital and surplus in excess of $1,000,000.

 

Initial Registration

Filing Method:

Online

Agency Fee:

$250

Registration Renewal

Filing Method:

Online

Agency Fee:

$65

Due:

Biennially by the date of issuance.

Maryland Viatical Settlement Broker License - Non-Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$250

Registration Renewal

Filing Method:

Online

Agency Fee:

$50

Due:

Biennially by the date of issuance.

Maryland Viatical Settlement Broker License - Non-Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$250

Registration Renewal

Filing Method:

Online

Agency Fee:

$50

Due:

Biennially by the end of the licensee's birth month.

Maryland Viatical Settlement Broker License - Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$250

Registration Renewal

Filing Method:

Online

Agency Fee:

$50

Due:

Biennially by the date of issuance.

Maryland Viatical Settlement Provider License - Non-Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$1,000

Registration Renewal

Filing Method:

Online

Agency Fee:

$50

Due:

Biennially by the date of issuance.

Maryland Viatical Settlement Provider License - Resident

Agency:Maryland Insurance Administration

Initial Registration

Filing Method:

Online

Agency Fee:

$1,000

Registration Renewal

Filing Method:

Online

Agency Fee:

$50

Due:

Biennially by the date of issuance.

Related Government Agencies

Explore other Maryland government agencies we can help you stay compliant with:


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