Bill
SB 102
Maryland SB 102 expands the definition of "public entity" eligible for insurance pooling programs, potentially lowering costs for qualifying organizations while affecting pool risk composition.
SB 102 modifies Maryland's definition of "public entity" within insurance pooling laws to expand which organizations can participate in public entity insurance pools. The bill, which became law in May 2025, adjusts eligibility criteria for entities seeking coverage through these specialized pooling arrangements that allow public organizations to collectively manage insurance risks.
Insurance pooling allows public entities to share costs and risks, potentially reducing premiums and improving coverage access. Expanding the definition of eligible participants could enable more organizations to benefit from these economies of scale, though it may also affect the risk profiles and stability of existing pools if new participant types are included.
Compiled from official sources — confirm details with the bill’s official record.
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