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§ 5-1002. Application of subtitle

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 5. Assets, Liabilities, Reserves, and Investments of Insurers
Subtitle 10. Limitation of Risk (Refs & Annos)
MD Code, Insurance, § 5-1002
§ 5-1002. Application of subtitle
Currentness
In general
(a) This subtitle does not apply to:
(1) life insurance;
(2) health insurance;
(3) annuities;
(4) title insurance;
(5) wet marine and transportation insurance;
(6) workers' compensation insurance;
(7) employer's liability coverage; or
(8) a policy or type of coverage as to which the maximum possible loss to the insurer cannot be readily ascertained when the policy is issued or the coverage is provided.
Alien insurers
(b) As to alien insurers, this subtitle applies only to risks and surplus to policyholders of an alien insurer's United States branch.

Credits

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997.
Formerly Art. 48A, § 72.
MD Code, Insurance, § 5-1002, MD INSURANCE § 5-1002
Current with legislation effective through July 1, 2023, from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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