Md. Code, Insurance § 18-115

in effect

In evaluating the expected and actual loss ratios, the Commissioner shall consider: (1) the statistical credibility of incurred claims experience and earned premiums; (2) the period for which rates are computed to provide coverage; (3) experienced and projected trends; (4) the concentration of experience within early policy duration; (5) expected claim fluctuation; (6) experienced refunds, adjustments, or dividends; (7) renewability features; (8) all appropriate expense factors; (9) interest; (10) the experimental nature of the coverage; (11) policy reserves; (12) the mix of business by risk classification; and (13) product features, including long elimination periods, high deductibles, and high maximum limits.

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin&section=18-115&enactments=falseFetched: 10/17/2026