Maryland Statutes
Subtitle 1 - Insurance Producers
Section 10-121.1 - Title Insurance Producer Independent Contractors

(a)    A title insurance producer may not use or accept the services of a title insurance producer independent contractor unless the title insurance producer independent contractor:
        (1)    holds an appointment with the title insurer with which the contract of title insurance may be placed; and
        (2)    is covered under the title insurance producer’s:
            (i)    blanket fidelity bond; and
            (ii)    blanket surety bond or letter of credit.
    (b)    (1)    A title insurance producer that uses the services of a title insurance producer independent contractor is:
            (i)    the legal principal of the title insurance producer independent contractor; and
            (ii)    liable for all actions of the title insurance producer independent contractor, including unintentional conduct, that occurs within the scope of the title insurance producer’s independent contractor’s employment.
        (2)    When a mortgage or deed of trust is executed in a transaction in which a title insurance producer independent contractor is acting for or on behalf of a title insurance producer, there shall be included on or with the recorded mortgage or deed of trust the name, address, and license number of the title insurance producer independent contractor and the title insurance producer for which the title insurance producer independent contractor is acting.

Structure Maryland Statutes

Maryland Statutes

Insurance

Title 10 - Regulation of Insurance Professions

Subtitle 1 - Insurance Producers

Section 10-101 - Definitions

Section 10-102 - Scope of Subtitle

Section 10-103 - License Required

Section 10-104 - Qualifications of Individual Applicants -- Insurance Other Than Life and Health Insurance and Annuities

Section 10-105 - Qualifications of Individual Applicants -- Life and Health Insurance and Annuities

Section 10-106 - Qualifications of Business Entity

Section 10-107 - Examinations -- in General

Section 10-108 - Examinations -- Insurance Other Than Life and Health Insurance and Annuities

Section 10-109 - Examinations -- Life and Health Insurance and Annuities

Section 10-110 - Advisory Boards

Section 10-111 - Applications for License

Section 10-112 - Issuance of License

Section 10-113 - Scope of Licenses

Section 10-114 - Conducting Business as Limited Liability Company, Partnership, or Corporation

Section 10-115 - Term and Renewal of License

Section 10-116 - Continuing Education

Section 10-116.1 - Reinstatement of License

Section 10-117 - Changes to License

Section 10-118 - Appointments and Terminations

Section 10-119 - Nonresident Insurance Producers

Section 10-120 - Temporary Licenses

Section 10-121 - Title Insurance Producers

Section 10-121.1 - Title Insurance Producer Independent Contractors

Section 10-122 - Limited Lines Licenses -- Sellers of Travel Insurance

Section 10-123 - Limited Lines Licenses -- Motor Vehicle Insurance

Section 10-124 - Limited Lines Licenses -- Employees of Health Maintenance Organizations

Section 10-125 - Title Insurance Producer Independent Contractors -- Attorneys and Law Firms Engaged in Title Insurance Work

Section 10-126 - Denials, Suspensions, Revocations, and Refusals to Renew or Reinstate; Penalties

Section 10-127 - Cancellation of Policy if Premiums Paid to Insurance Producer

Section 10-128 - Signature or Countersignature of Policies

Section 10-128.1 - Regulations Regarding Maintenance of Records

Section 10-129 - Misrepresentation as Independent Insurance Producer

Section 10-130 - Commission Only to Licensed Insurance Producer

Section 10-131 - General Penalty

Section 10-132 - Violations by Title Insurance Producers

Section 10-133 - Certain Exclusive Appointment Agreements Prohibited