Senate Bill 0784/House Bill 0900 (Chapter 425/426, Acts of 2016)/PIP Forms

LARRY HOGAN Governor BOYD K. RUTHERFORD Lt. Governor MARYLAND INSURANCE ADMINISTRATION AL REDMER, JR. Commissioner NANCY GRODIN Deputy Commissioner 200 St. Paul Place, Suite 2700, Baltimore, Maryland 21202 1-800-492-6116 TTY: 1-800-735-2258 www.insurance.maryland.gov Bulletin 16-20 Date: July 6, 2016 To: All Property & Casualty Insurers Re: Senate Bill 0784 / House Bill 0900 (Chapter 425 / 426, Acts of 2016) / PIP Forms This Bulletin provides important information for Property & Casualty insurers with respect to the passage of Senate Bill 0784 / House Bill 0900 – Motor Vehicle Insurance – Personal Injury Protection – Rejection of Coverage. Per the new legislation, qualified applicants or policyholders may elect a full rejection of Personal Injury Protection (“PIP”) benefits. The Maryland Insurance Administration (“Insurance Administration”) is in the process of developing a form (or forms) as required by the new statute. Please note the following: If an insurer, other than MAIF, elects to not offer the option of a full rejection of PIP benefits to its qualified applicants and policyholders, the insurer may continue to utilize the current PIP waiver form. This form will remain available on the Insurance Administration’s website at: http://insurance.maryland.gov/Insurer/Documents/bulletins/2011pcforms-pipwaiverfinal.pdf. The Maryland Insurance Administration has received comments from industry on the design and content of new PIP form(s) and will consider these comments as the form(s) is developed and finalized. Once completed, the Insurance Administration will notify all stakeholders that the new form(s) are posted on the Insurance Administration’s website. Please direct any questions regarding this Bulletin to: Robert Baron, Director, Property & Casualty Complaints, 410-468-2353 (Robert.Baron@Maryland.gov). signature on original Alfred W. Redmer, Jr. Commissioner