Ch. 36                                          1995 LAWS OF MARYLAND

EXPORTATION FROM OR IMPORTATION INTO A COUNTRY, OR TRANSPORTATION
COASTWISE, INCLUDING TRANSPORTATION BY LAND OR WATER FROM POINT OF
ORIGIN TO FINAL DESTINATION AND INCLUDING WAR RISKS, AND ON MARINE
BUILDER'S RISKS, DRY DOCKS, AND MARINE RAILWAYS, INCLUDING INSURANCE OF
SHIP REPAIRER'S LIABILITY, AND PROTECTION AND INDEMNITY INSURANCE,
EXCEPT FOR INSURANCE COVERING:

(I)       BRIDGES AND TUNNELS;

(II)     PLEASURE CRAFT THAT ARE UNDER 60 FEET IN LENGTH AND
ARE OWNED AND USED FOR PLEASURE AND NOT FOR BUSINESS, HIRE, OR OTHER
COMMERCIAL USE;

(III)    FISHING VESSELS UNDER 50 GROSS TONS THAT ARE NOT PART
OF A FLEET OF THREE OR MORE VESSELS; OR

(IV)    CHARTER OR HEAD BOATS UNDER 50 GROSS TONS THAT ARE
NOT PART OF A FLEET OF THREE OR MORE VESSELS;

(5)      AIRCRAFT INSURANCE;

(6)      INSURANCE ON PROPERTY OR OPERATIONS OF RAILROADS
ENGAGED IN INTERSTATE COMMERCE;

(7)      SURPLUS LINES INSURANCE EFFECTED IN ACCORDANCE WITH
TITLE 3, SUBTITLE 3 OF THIS ARTICLE;

(8)      INSURANCE AGAINST LEGAL LIABILITY ARISING OUT OF THE
OWNERSHIP, OPERATION, OR MAINTENANCE OF PROPERTY WITH A PERMANENT
SITUS OUTSIDE OF THE STATE; OR

(9)      INSURANCE AGAINST LOSS OF OR DAMAGE TO PROPERTY WITH A
PERMANENT SITUS OUTSIDE OF THE STATE.

(C) INDUSTRIAL INSUREDS.

EXCEPT FOR THE PREMIUM TAX REQUIREMENT OF § 4-209 OF THIS SUBTITLE
AND THE REPORTING REQUIREMENT OF § 4-210 OF THIS SUBTITLE, THIS SUBTITLE
DOES NOT APPLY TO AN INSURER OR UNDERWRITER ISSUING AN INSURANCE
CONTRACT TO AN INDUSTRIAL INSURED.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, §§ 211A and 211(a) and (b).

In subsection (b)(3) of this section, the reference to an "authorized" insurer is
substituted for the former reference to an "admitted" insurer to conform to
terminology used throughout this subtitle.

Defined terms: "Authorized insurer" § 1-101
"Health insurance" § 1-101
"Insurance" § 1-101
"Insurance contract" § 1-101
"Insurer" § 1-101

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