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Session Laws, 1987
Volume 769, Page 199   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                      Ch. 11

(b) No insurer shall be approved as a surplus line insurer
until it has filed annually with the Commissioner the following:

(1)  A written request to be approved as a surplus
line insurer for those surplus lines authorized by the
Commissioner;

(2)  A certified copy of its annual statement on
convention form, showing the amount by line of surplus line
business written on risks located in this State during the period
covered by said statement;

(3)  A certificate of compliance issued by the
insurance department of the state of domicile; AND

(4)  A certificate of deposit issued by the official
custodian of deposits of the state of domicile.

DRAFTER'S NOTE: This corrects the omission of a conjunction
in Article 48A, § 190(b).

The conjunction, "and", was omitted from Ch. 86 of the
Acts of 1974.

The omission of the conjunction was noted by the
Michie Company.

211A.

The provisions of this subtitle shall not apply to the following:

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

(b)  Insurance against perils of navigation, transit or
transportation upon hulls, freights or disbursements, or other
shipowner interest; upon goods, wares, merchandise and all other
personal property and interests therein, in course of exportation
from or importation into any country, or transportation
coastwise, including transportation 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 covering 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 Insurance Law, Subtitle 13; [or]

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Session Laws, 1987
Volume 769, Page 199   View pdf image
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