1188 LAWS OF MARYLAND. [CH. 492

miums other than premiums returned to policyholders as divi-
dends, and less reinsurance premiums and premiums on policies
cancelled, and less unearned premiums on policies in force.
But any participating company which has charged in its pre-
miums a loading solely for dividends shall not be required to
include such loading in its earned premiums, provided a state-
ment of the amount of such loading had been filed with and ap-
proved by the insurance commissioner.

The term "compensation" as used in this act shall relate to
all insurances effected by virtue of statutes providing com-
pensation to employees for personal injuries irrespective of
fault of the employer. The term "liability" shall relate to all
insurance, except compensation insurance, against loss or
damage from accident to or injuries suffered by an employee
or other person and for which the insured in liable.

The term "loss payments" and "loss expense payments"
as used herein shall include all payments to claimants, includ-
ing payments for medical and surgical attendance, legal ex-
penses, salaries and expenses of investigators, adjusters and
field men, rents, stationery, telegraph and telephone charges,
postage, salaries and expenses of office employees, home office
expenses, and all other payments made on account of claims
whether such payments shall be allocated to specific claims or
unallocated

All unallocated liability loss expense payments made in a
given calendar year subsequent to the first four years in which
an insurer has been issuing liability policies shall be distri-
buted as follows: Thirty-five per centum shall be charged to
the policies written in that year, forty per centum to the
policies written in the preceding year, ten per centum to the
policies written in the second year preceding, ten per centum
to the policies written in the third year preceding and five per
centum to the policies written in the fourth year preceding.
Such payments made in each of the first four calendar years
in which an insurer issued liability policies shall be distributed
as follows: In the first calendar year one hundred per centum
shall be charged to the polices written in that year; in the
second calendar year fifty per centum shall be charged to the
policies written in that year and fifty per centum to the policies
written in the preceding year; in the third calendar year forty
per centum shall be charged to the policies written in that year,
forty per centum to the policies written in the preceding year,
and twenty per centum to the policies written in the second
year preceding; and in the fourth calendar year thirty-five