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Posted on April 16, 2024

The Maryland Insurance Administration has issued Bulletin 24-8 to notify all motor vehicle insurers that have filed, issued, or delivered in-force policy forms that contain language excluding diminution of value (“DV”) damages as a possible component of UM/UIM coverage are hereby directed to refile these policy forms without such language. Such revised filings must be submitted within 90 days from the date of this Bulletin.