Ch. 339                                        1995 LAWS OF MARYLAND

(2) "DOMESTIC INSURER" DOES NOT INCLUDE THE MARYLAND
AUTOMOBILE INSURANCE FUND.                              

(E)     "FILING DATE" MEANS MARCH 1 OF ANY GIVEN YEAR.

(F)      "FOREIGN INSURER" HAS THE MEANING SET OUT STATED IN § 6(2) OF
THIS ARTICLE.

(G)     "NAIC" MEANS THE NATIONAL ASSOCIATION OF INSURANCE
COMMISSIONERS.

(H) "LIFE INSURER" MEANS:

(1)      AN INSURER AUTHORIZED TO WRITE LIFE INSURANCE IN THIS
STATE THAT IS ALSO AUTHORIZED TO WRITE HEALTH INSURANCE IN THIS STATE;

(2) AN INSURER AUTHORIZED TO WRITE LIFE INSURANCE IN THIS
STATE; OR

(2) (3) A PROPERTY AND CASUALTY INSURER THAT WRITES ONLY
ACCIDENT AND HEALTH INSURANCE.

(I) (1) "PROPERTY AND CASUALTY INSURER" MEANS AN INSURER
AUTHORIZED TO WRITE PROPERTY OR CASUALTY INSURANCE IN THIS STATE.

(2)      "PROPERTY AND CASUALTY INSURER" DOES NOT INCLUDE
MONOLINE:

(I)       MORTGAGE GUARANTY INSURERS;                                   

(II)     FINANCIAL GUARANTY INSURERS; OR

(III)   TITLE INSURERS.

(J) "NEGATIVE TREND" MEANS, WITH RESPECT TO A LIFE OR HEALTH
INSURER, NEGATIVE TREND OVER A PERIOD OF TIME, AS DETERMINED IN
ACCORDANCE WITH THE "TREND TEST CALCULATION" INCLUDED IN THE RBC
INSTRUCTIONS.

(K) "RBC INSTRUCTIONS" MEANS THE RISK BASED CAPITAL INSTRUCTIONS
DEVELOPED AND ADOPTED BY THE NAIC.

(L) "RBC LEVEL" MEANS AN INSURER'S COMPANY ACTION LEVEL RBC,
REGULATORY ACTION LEVEL RBC, AUTHORIZED CONTROL LEVEL RBC, OR
MANDATORY CONTROL LEVEL RBC WHERE:

(1)      "COMPANY ACTION LEVEL RBC" MEANS, WITH RESPECT TO ANY
INSURER, THE PRODUCT OF 2.0 AND ITS AUTHORIZED CONTROL LEVEL RBC;

(2)      "REGULATORY ACTION LEVEL RBC" MEANS THE PRODUCT OF 1.5
AND ITS AUTHORIZED CONTROL LEVEL RBC;

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