3998

VETOES

pool together for the purpose of purchasing casualty
insurance or self-insuring casualty risks; authorizing
certain charitable organizations to pool together for the
purpose of purchasing casualty or property insurance;
providing that certain pooling arrangements by public
entities do not constitute an insurance business or
fictitious group; requiring certain insurers to report
certain claims for medical malpractice to certain health
occupational boards; providing a penalty for failure to
report; providing for a certain definition of public entity;
and generally relating to the regulation of liability
insurance.

BY repealing and reenacting, with amendments,

Article 48A - Insurance Code

Section 8, 231, 242(d), and 490B

Annotated Code of Maryland

(1979 Replacement Volume and 1985 Supplement)

BY adding to

Article 48A - Insurance Code

Section 244W and 482B

Annotated Code of Maryland

(1979 Replacement Volume and 1985 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 48A - Insurance Code

8.

(A)  The "insurance business" includes the transaction of
all matters pertaining to a contract of insurance, both prior to
and subsequent to the effectuation of such a contract, and all
matters arising out of such a contract or any claim thereunder.

(B)  THE "INSURANCE BUSINESS" DOES NOT INCLUDE THE POOLING
TOGETHER BY PUBLIC ENTITIES FOR THE PURPOSE OF SELF-INSURING
CASUALTY RISKS.

231.

(a) No insurer, whether an authorized insurer or an
unauthorized insurer, shall make available through any rating
plan or form, property, casualty or surety insurance, to any
firm, corporation, or association of individuals, any preferred
rate or premium based upon any fictitious group of such firm,
corporation, or association of individuals.