Ch. 365                                           LAWS OF MARYLAND

(f) "Maryland Commercial Casualty Pool" or "Pool" means the
pool formed under this subtitle.

(g) "Commercial casualty insurance policy" or "policy"
means a 1-year policy for commercial casualty insurance issued by
the Association, covering activities occurring within this State
and issued on a claims made basis.

(h) "Plan of operation" means the formal plan of operation
adopted under § 602 of this subtitle for a subpool, including any
duly adopted amendments.

(i) "Program of operation" means the formal program of
operation adopted under § 601 of this subtitle for the
Association, including any duly adopted amendments.

(j) "Board of governors" means the board designated under §

601 of this subtitle.

(k) "Premiums written" means gross direct premiums charged
during the second preceding calendar year with respect to
commercial casualty insurance policies in this State and the
general casualty components of commercial multiperil policies as
computed by the Association, less return premiums, dividends
paid or credited to policyholders, or the unused or unabsorbed
portions of premium deposits.

(l) (1) "Member insurer" means an insurer that is a member
of the Commercial Casualty Underwriting Association under this
subtitle.

(2) "Member insurer" does not include the Maryland
Automobile Insurance Fund.

(m) "Subpool" means a separate account established for each
subclass or group of subclasses of insurance designated under §

602 of this subtitle.

(n) "Lack of availability" or "unavailability" means that
there does not exist for a particular subclass of insurance for
which coverage was previously generally available a ready source
of coverage from an insurer authorized to do business in this
State or approved to write insurance risks in this State on a
surplus line basis as determined by the Commissioner.

601.

(a) (1) There is a Commercial Casualty Underwriting
Association consisting of all insurers licensed to write in this
State, on a direct basis, commercial casualty insurance policies.

(2) Every insurer licensed to write in this State, on
a direct basis, commercial casualty insurance policies shall:

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