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LINCOLN NATIONAL LIFE INS. CO. v. INSURANCE COMM'R OF THE STATE OF MARYLAND

No. 147, September Term, 1991.

328 Md. 65 (1992)

612 A.2d 1301

LINCOLN NATIONAL LIFE INSURANCE COMPANY v. INSURANCE COMMISSIONER OF THE STATE OF MARYLAND, ET AL.

Court of Appeals of Maryland.

October 6, 1992.

Attorney(s) appearing for the Case

Bryan D. Bolton (Stewart P. Hoover, Shapiro and Olander, on brief), Baltimore, for petitioner.

Meg L. Rosthal, Asst. Atty. Gen. (J. Joseph Curran, Jr., Atty. Gen., on brief), Baltimore, for respondents.

Argued Before MURPHY, C.J., and ELDRIDGE, RODOWSKY, McAULIFFE, CHASANOW, KARWACKI and ROBERT M. BELL, JJ.

RODOWSKY, Judge.

The question presented here involves the construction of Md.Code (1957, 1991 Repl.Vol.), Art. 48A, § 234B(b). It reads:

"If an insurer intends to cancel a written agreement with an agent or broker, or intends to refuse any class of renewal business from the agent or broker, the insurer shall give the agent or broker not less than 90 days written notice. Notwithstanding any provision of the agreement to the contrary, the insurer shall...

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