Surplus requirements -- Title insurers

  1. Law
  2. Maryland Code
  3. Insurance
  4. General Requirements for Insurers
  5. Certificates of Authority
  6. Surplus requirements -- Title insurers

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    Notwithstanding the provisions of § 4–105 of this subtitle, a title insurer domiciled in this State shall have and maintain minimum surplus in the amount of:

        (1)    $500,000 as of July 1, 2010;

        (2)    $625,000 as of July 1, 2011; and

        (3)    $750,000 as of July 1, 2012, and each July 1 thereafter.


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