{"data":{"id":"us-md/md.-code-insurance-8-106","jurisdiction":"us-md","citation":"Md. Code, Insurance § 8–106","heading":"","body":"(a) In this section, “reinsurance intermediary” means a person that acts as an insurance producer in:\n(1) soliciting, negotiating, or procuring a reinsurance contract or binder for a ceding insurer; or\n(2) accepting a reinsurance contract or binder for an assuming insurer.\n(b) This section does not apply to a reinsurance intermediary that makes a complete written disclosure to the parties of its relationship with the assuming or ceding insurer before completion of the transaction.\n(c) A reinsurance intermediary that has control of an assuming insurer may not directly or indirectly place insurance business with the assuming insurer in a transaction in which the reinsurance intermediary acts as an insurance producer for the ceding insurer.\n(d) A reinsurance intermediary that has control of a ceding insurer may not directly or indirectly accept business from the ceding insurer in a transaction in which the reinsurance intermediary acts as an insurance producer for the assuming insurer.","path":["Article - Insurance"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin\u0026section=8-106","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:28Z","sha256":"c25fbef7a00e7acdf53bd9d5bc9b2117d6a46f2ab5b9ec59cd0d3b803960a1ab","source_id":"us-md","stale":false,"prev":"us-md/md.-code-insurance-8-105","next":"us-md/md.-code-insurance-8-107"},"notice":"GroundRules: Original legal text. Not legal advice."}