PARRIS N. GLENDENING, Governor

Ch. 35

(IV) MARINE INSURANCE; AND

(V) WET MARINE AND TRANSPORTATION INSURANCE.

(B) EXCEPTIONS.

THIS SUBTITLE DOES NOT APPLY TO:

(1) REINSURANCE, EXCEPT AS PROVIDED IN § 11-222 OF THIS SUBTITLE;

(2) INSURANCE OF VESSELS OR CRAFT OR THEIR CARGOES, MARINE
PROTECTION AND INDEMNITY INSURANCE, OR INSURANCE OF OTHER RISKS
COMMONLY INSURED UNDER POLICIES OF MARINE INSURANCE, AS DISTINGUISHED
FROM INLAND MARINE INSURANCE;

(3) INSURANCE AGAINST LOSS OF OR DAMAGE TO AIRCRAFT
INCLUDING THEIR ACCESSORIES AND EQUIPMENT, OR INSURANCE AGAINST
LIABILITY, OTHER THAN WORKERS' COMPENSATION INSURANCE OR EMPLOYER'S
LIABILITY INSURANCE, ARISING OUT OF THE OWNERSHIP, MAINTENANCE, OR USE
OF AIRCRAFT;

(4) TITLE INSURANCE; OR

(5) THE INJURED WORKERS' INSURANCE FUND.

(C) INSURER DESIGNATION OF APPLICABILITY.

IF A KIND OF INSURANCE, SUBDIVISION OR COMBINATION OF KINDS OF
INSURANCE, OR TYPE OF COVERAGE IS SUBJECT TO THIS SUBTITLE AND IS ALSO
SUBJECT TO REGULATION BY ANOTHER RATE REGULATORY PROVISION OF THE
STATUTES OF THE STATE, AN INSURER TO WHICH BOTH PROVISIONS ARE
OTHERWISE APPLICABLE SHALL FILE WITH THE COMMISSIONER A DESIGNATION AS
TO WHICH RATE REGULATORY PROVISION IS APPLICABLE TO IT WITH RESPECT TO
THAT KIND OF INSURANCE, SUBDIVISION OR COMBINATION OF KINDS OF
INSURANCE, OR TYPE OF COVERAGE.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 242(a) and (b).

In subsection (a)(2) of this section, the former cross-references to types of
insurance "defined in" former Art. 48A, "§ 67", "§ 68", "§ 69", and "§ 70" are
deleted as surplusage. See § 1-101 of this article.

Defined terms: "Casualty insurance" § 1-101
"Commissioner" § 1-101
"Insurance" § 1-101
"Insurer" § 1-101
"Marine insurance" § 1-101

"Marine protection and indemnity insurance" § 1-101

"Policy" § 1-101

"Property insurance" § 1-101

"Rate" § 11-101

"Reinsurance" § 1-101

- 803 -