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County Commission to host visit from state insurance administration

August 23, 2010

The Washington County Commissioners will host a one-day visit Wednesday by the Maryland Insurance Administration (MIA) to assist consumers with insurance questions and to advise on matters relating to insurance products from annuities to title insurance and health, auto and homeowners insurance.

Thom Hooper, Consumer Education and Advocacy specialist with MIA, will be in the County Administration Building, first-floor foyer, from 9 a.m. to 4 p.m. Consumers will be seen on a walk-in basis.

"Education and consumer awareness are key factors to your financial security and to a healthy insurance market," Beth Sammis, Acting Maryland Insurance Commissioner, said in a prepared release. "The better consumers understand the products and policies available to them, the better purchasing decisions they will make and the better protection they will have in the event of a loss or accident."

The full schedule of agency outreach activities and all of the agency's consumer materials are available on the MIA website at http://www.mdinsurance.state.md.us, as well as by request and at community events.

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MIA was founded as the Maryland Insurance Division in 1872. An independent state agency that operates in Baltimore, it regulates Maryland's $26 billion insurance industry and is charged with making certain that insurance companies, health plans and producers (agents and brokers) comply with Maryland insurance law.

MIA also licenses more than 110,000 producers and about 1,500 insurance companies, regulates insurance rates, monitors insurer solvency, investigates consumer complaints and travels across the state providing consumers with educational materials on insurance.

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