PARRIS N. GLENDENING, Governor

Ch. 35

(G) APPOINTMENT.

"APPOINTMENT" MEANS AN AGREEMENT BETWEEN AN AGENT AND INSURER
UNDER WHICH THE AGENT, FOR COMPENSATION, MAY SOLICIT, PROCURE,
NEGOTIATE, OR MAKE POLICIES ISSUED BY THE INSURER.

SPECIAL REVISOR'S NOTE: As enacted by Ch. 36, Acts of 1995, this subsection
was new language derived without substantive change from former Art. 48A, §

166(e). Chapter _, Acts of 1997, repealed and reenacted this subsection

without change.

Defined terms: "Agent" § 1-101
"Insurer" § 1-101
"Policy" § 1-101

(H) AUTHORIZED INSURER.

"AUTHORIZED INSURER" MEANS AN INSURER THAT HOLDS A VALID
CERTIFICATE OF AUTHORITY.

SPECIAL REVISOR'S NOTE: As enacted by Ch. 36, Acts of 1995, this subsection
was new language derived without substantive change from former Art. 48A, §

7(1). However, Ch. _, Acts of 1997, added the word "valid" to modify

the term "certificate of authority" for clarity.

The Insurance Article Review Committee noted in Ch. 36, for consideration
by the General Assembly, that the Maryland Automobile Insurance Fund is
authorized by statute to issue policies of automobile liability insurance. See §
20-502(a) of this article. The Maryland Automobile Insurance Fund, however,
does not hold a certificate of authority issued by the Commissioner.

Defined terms: "Certificate of authority" § 1-101
"Insurer" § 1-101

(I) BROKER.

"BROKER" MEANS A PERSON THAT, FOR COMPENSATION, SOLICITS, PROCURES,
OR NEGOTIATES INSURANCE CONTRACTS OR THE RENEWAL OR CONTINUANCE OF
INSURANCE CONTRACTS:

(1) FOR INSUREDS OR PROSPECTIVE INSUREDS OTHER THAN THE
BROKER; AND

(2) NOT FOR AN INSURER OR AGENT.

SPECIAL REVISOR'S NOTE: As enacted by Ch. 36, Acts of 1995, this subsection
was new language derived without substantive change from former Art. 48A, §

166(c). Chapter_, Acts of 1997, repealed and reenacted this subsection

without change.

In the introductory language of this subsection, Ch. 36 deleted the phrase "in
any manner", which formerly modified "solicits, procures or negotiates", as

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