What must insurers maintain for inspection by the Maryland Insurance Administration?

Insurers are required to maintain a producer's register for inspection by the Maryland Insurance Administration. This register typically includes essential details about licensed producers, such as their names, license numbers, and the lines of insurance they are authorized to sell. The purpose of maintaining this register is to ensure compliance with regulatory requirements and to provide full transparency regarding the activities of insurance producers operating under the insurer's authority.

This requirement facilitates oversight by the Maryland Insurance Administration, which ensures that all producers are appropriately licensed and that their activities align with state regulations. Having this information readily available helps to protect consumers and maintain the integrity of the insurance market in Maryland.