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MIA seeks streamlined approval for credit-insurance training materials, proposes record-retention oversight instead of preapproval
2145422 · January 22, 2025
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Summary
The Maryland Insurance Administration told the committee HB 30 would remove the requirement that credit-insurance training courses be preapproved by the commissioner and instead create record-retention standards so the MIA can audit materials when needed.
Mary Quay, associate commissioner for market regulation and professional licensing at the Maryland Insurance Administration (MIA), testified in support of House Bill 30. The bill would eliminate the need to submit credit-insurance training course materials to the…
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