Ch. 11                                    LAWS OF MARYLAND

(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[.]; OR

(h) To any insurance company or underwriter issuing
contracts of insurance to industrial insureds. For the purposes
of this section an "industrial insured" 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
manager or buyer or the services of a regularly and continuously
retained qualified insurance consultant, or (2) an insured whose
aggregate annual premiums for insurance on all risks total at
least $100,000 or (3) an insured having at least twenty-five
full-time employees. Notwithstanding the provisions of this
subsection, industrial insureds shall be subject to the premium
tax payment requirement of § 208 of this subtitle, and to the
reporting requirements of § 209 of this subtitle.

DRAFTER'S NOTE: This corrects the misplacement of a
conjunction, deletes extraneous conjunctions, and
corrects erroneous punctuation in Article 48A, § 211A.

The extraneous disjunctive conjunctions, "or", were
contained in, and the disjunctive conjunction, "or",
was misplaced in Ch. 487 of the Acts of 1968. The
erroneous punctuation, the use of a period in place of
a semicolon, was also contained in Ch. 487 of the Acts
of 1968.

The extraneous conjunctions were noted by the Michie
Company. The misplaced conjunction and the erroneous
punctuation were noted by the Computer Division of the
Department of Legislative Reference.

234B.

(b) If an insurer intends to cancel a written agreement
with an agent or broker, or intends to refuse any class of
renewal business from the agent or broker, the insurer shall give
the agent or broker not less than 90 days written notice.
Notwithstanding any provision of the agreement to the contrary,
the insurer shall continue for not less than one year after
termination of the agency agreement to renew through the agent or
broker any of the policies which have not been replaced with
other insurers as expirations occur. This subsection shall not
apply to: (1) agents or brokers or policies of a company or
group of companies represented by agents or brokers who by
contractual agreement represent only that company or group of
companies if the business is owned by the company or group of
companies and the cancellation of any contractual agreement does

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