On written application of an insurer that states its reasons for requesting the rate, accompanied by the written consent of the insured or prospective insured, filed with and approved by the Commissioner, a rate in excess of that provided by a filing otherwise applicable may be used on a specific risk.
Structure Maryland Statutes
Title 11 - Insurance Rating Law
Subtitle 3 - Competitive Rating
Part II - Rate Making -- in General
Section 11-306 - Rate Making Principles Generally
Section 11-308 - Improper Rates
Section 11-309 - Waiting Period for Rates of Particular Insurer
Section 11-310 - Waiting Period for Changes in Rates
Section 11-311 - Excess Rate for Specific Risk
Section 11-312 - Supporting Data
Section 11-313 - Notice to Insureds of Noncompetitive Market