1246 LAWS OF MARYLAND. [CH. 511

2—SCOPE OF ACT.

This Act applies to all insurance companies, including
stock and mutual companies, Lloyd's or a Lloyd's Plan of
operation, and reciprocal exchanges and inter-insurers.

This Act applies to casualty insurance, including fidelity,
surety and guaranty bonds, and to all other forms of motor
vehicle insurance, on risks, or operations in this State, except:

(a) reinsurance, other than joint reinsurance to the extent
stated in Sub-section 11;

(b) accident and health insurance;

(c) insurance against loss of or damage to aircraft or
against liability, other than workmen's compensation and
employers' liability, arising out of the ownership, mainte-
nance or use of aircraft;

(d) Title Insurance;

(e) Non-Profit Hospital Service Plans.

This Act shall not apply to the Maryland "State Accident
Fund".

If any kind of insurance, subdivision or combination there-
of, or type of coverage, subject to this Act, is also subject to
regulation by another rate regulatory Act of this State, an
insurer to which both Acts are otherwise applicable shall file
with the insurance commissioner hereinafter referred to as
commissioner, a designation as to which rate regulatory Act
shall be applicable to it with respect to such kind of insur-
ance, subdivision or combination thereof, or type of coverage.

3—MAKING OF BATES.

(a) All rates shall be made in accordance with the follow-
ing provisions:

1. Due consideration shall be given to past and prospective
loss experience within and outside this State, to catastrophe
hazards, if any, to a reasonable margin for underwriting
profit and contingencies, to dividends, savings or unabsorbed
premium deposits allowed or returned by insurers to their
policyholders, members or subscribers, to past and prospective
expenses both country-wide and those specially applicable to
this State, and to all other relevant factors within and out-
side this State;

2. The systems of expense provisions included in the rates
for use by any insurer or group of insurers may differ from
those of other insurers or groups of insurers to reflect the