Final answer:
The Maryland Insurance Administration is an agency of the state government. It oversees insurance activities within the state of Maryland and implements and enforces insurance laws and regulations to protect consumers.
Step-by-step explanation:
The Maryland Insurance Administration is an agency of the state government. The U.S. insurance industry is primarily regulated at the state level, and the Maryland Insurance Administration is responsible for overseeing insurance activities within the state of Maryland.
It implements and enforces insurance laws and regulations to protect consumers and ensure fair practices in the insurance industry.