Unannotated Code of Maryland (Last Updated: May 16, 2014) |
INSURANCE |
TITLE 11. INSURANCE RATING LAW |
SUBTITLE 3. COMPETITIVE RATING |
PART I. DEFINITIONS; GENERAL PROVISIONS |
§ 11-303. Scope of subtitle
Latest version.
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(a) In general. -- Notwithstanding Subtitle 2 of this title, this subtitle applies to the establishment of rates for all types of insurance except:
(1) life insurance;
(2) annuities;
(3) health insurance;
(4) marine insurance described in § 11-202(b)(2) of this title;
(5) aircraft insurance described in § 11-202(b)(3) of this title;
(6) reinsurance;
(7) insurance provided under the Maryland Automobile Insurance Fund;
(8) insurance provided under the Chesapeake Employers' Insurance Company;
(9) title insurance;
(10) medical malpractice insurance;
(11) any form or plan of insurance regulated under § 27-217 of this article; and
(12) surety insurance.
(b) Exemptions by Commissioner. -- If and to the extent that the Commissioner finds that the application of any or all of the provisions of this subtitle is unnecessary to achieve the purposes of this subtitle, the Commissioner by rule may exempt a person or class of persons or a line or lines of insurance from any or all of those provisions.