624                             LAWS OF MARYLAND                     [CH. 179

resident, located or to be performed in this State procured through
negotiations or an application, in whole or in part occurring or made
within or from within or outside of this State, or for which pre-
miums in whole or in part are remitted directly or indirectly from
within or outside of this State, shall be deemed to be insurance
procured or continued or renewed in this State. The term "premium"
includes all premiums, membership fees, assessments, dues and any
other consideration for insurance. Such tax shall be in lieu of all
other Maryland taxes [and fire department dues]. On default of any
such unauthorized insurer in the payment of such tax the insured
shall pay the tax. If the tax prescribed by this section is not paid
within the time stated, the tax shall be increased by a penalty of
twenty-five per cent (25%) and by the amount of an additional
penalty computed at the rate of one per cent per month or any part
thereof from the date such payment was due to the date paid.

211A.

The provisions of this subtitle [14] shall not apply to the follow-
ing:

(a)  Reinsurance of the liability of an admitted insurer;

(b)   Insurance against perils of navigation, transit or transporta-
tion upon hulls, freights or disbursements, or other ship owner in-
terest; upon goods, wares, merchandise and all other personal prop-
erty and interests therein, in course of exportation from or importa-
tion into any country, or transportation coastwise, including trans-
portation by land or water from point of origin to final destination
and including war risks; and marine builder's risks, dry docks and
marine railways, including insurance of ship repairer's liability, and
protection and indemnity insurance, but excluding insurance cover-
ing bridges or tunnels.

(c)  Aircraft insurance;

(d)   Insurance on property or operations of railroads engaged in
interstate commerce;

(e)   Insurance effectuated in accordance with the Surplus Line In-
surance Law, subtitle 13; or

(f)   Insurance against legal liability arising out of the ownership,
operation or maintenance of any property having a permanent situs
outside of this State; or

(g)   Insurance against loss of or damage to any property having
a permanent situs outside this State.

(h) To any insurance company or underwriter issuing contracts
of insurance to industrial insureds, nor to industrial insureds, nor
to contracts of insurance issued to industrial insureds. For the pur-
poses of this section an "industrial assured" is defined to be: (1)
an insured who procures the insurance of any risk or risks by use
of the services of a full-time employee acting as an insurance mana-
ger or buyer or the services of a regularly and continuously re-
tained qualified insurance consultant, or (2) an insured whose ag-
gregate annual premiums for insurance on all risks total at least
$100,000 or (3)