1876 LAWS OF MARYLAND. [CH. 1007

(B) A policy of insurance offered as proof of financial re-
sponsibility under this Article may:

1. exclude insurance against any liability of the person
insured assumed by or imposed upon such person under any
Workmen's Compensation Law;

2. exclude insurance against any liability for damage or
destruction of property being transported by the person in-
sured or by the officers, agents, servants or employees of such
person where such property is being transported in interstate
commerce;

3. exclude insurance against any liability for damage or
destruction of property being transported by the person in-
sured or by the officers, agents, servants, or employees of such
person, in commercial motor vehicles for hire, where such
property is being transported in intra-state commerce;

4. grant any lawful insurance in excess of that required in
this Article;

5. contain any agreement, provision or stipulation not in
conflict with or contrary to the provisions required in this
Article and not otherwise contrary to law;

6. provide that any person insured by such policy shall
reimburse the insurance carrier for payment made by such
carrier on account of any loss, damage, claim, or lawsuit in-
volving a breach of the terms, provisions or conditions of such
policy;

7. provide for the pro-rating of the insurance thereunder
with other applicable valid and collectible insurance.

(O) The insurance carrier shall have the right to settle
any claim covered by a policy of insurance offered as proof
of financial responsibility under this Article. If such settle-
ment be made in good faith, the amount thereof shall be de-
ducted from the limits of insurance specified in the said policy
of insurance. If the said policy shall provide insurance in
excess of the amount specified in this Article, the insurance
carrier may plead against any plaintiff, with respect to the
amount of such excess limits of insurance, any defense which
it may be entitled to plead against the person insured by such
policy.

(D) No policy of insurance offered as proof of financial
responsibility under this Article shall be cancelled, or annulled
as respects any loss or damage, by any agreement between the
person named in such policy and the insurance carrier after
the said insured person has become involved in an accident