1250                        LAWS OF MARYLAND.                  [CH. 498

contrary to the provisions of this Act and not otherwise con-
trary to law. And provided further that separate concurrent
policies, whether issued by one or several carriers covering,
respectively, (a) personal injury or death, as aforesaid, and
(b) property damage, as aforesaid, shall be termed "A motor
vehicle liability policy, " within the meaning of this Act.

Except as herein provided in Section 187K of this Act, no
policy of insurance insuring against liability for personal in-
jury and death, or property damage, or both, resulting from the
ownership, maintenance, use or operation of a motor vehicle,
shall hereafter be issued or delivered in this State until a copy
of the form of policy shall have been on file with the Insurance
Commissioner for at least thirty (30) days, unless sooner ap-
proved in writing by such commissioner, nor, if within said
period of thirty (30) days such Commissioner shall have noti-
fied the carrier in writing that in his opinion, specifying the
reasons therefor, the form of policy does not comply with the
provisions of this Act. The Insurance Commissioner shall ap-
prove any form of policy which specifies the name, address and
business, if any, of the insured, and the coverage afforded by
the policy, the premium charged therefor, the policy period
and the limits of liability, and contains an agreement that the
insurance thereunder is provided in accordance with the cover-
age defined in this section, as respects personal injury and
death, or property damage, or both, and is subject to all the
provisions of this Act, and not otherwise.

Every such motor vehicle liability policy shall be subject to
the following provisions, whether or not contained therein:

(a) The liability of the insurance carrier under a motor
vehicle liability policy shall become absolute whenever loss or
damage covered by such policy occurs, and the satisfaction by
the insured of a final judgment for such loss or damage shall
not be a condition precedent to the right or obligation of the
carrier to make payment on account of such loss or damage.
Provided, always, that the insurance carrier shall have the
the right to settle any claim covered by the policy, and if such
settlement is made in good faith, the amount thereof shall be
deductible from the limits of liability specified in the policy.
No such policy shall be cancelled or annulled as respects any
loss or damage, by any agreement between the carrier and the
insured after the said insured has become responsible for such
loss or damage, and any such cancellation or annulment shall
be void.