Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 31. Maryland Insurance Administration |
Subtitle 04. INSURERS |
Chapter 31.04.13. Insurance-Producer-Controlled Business |
Sec. 31.04.13.02. Definitions
Latest version.
-
A. In this chapter, the following terms have the meanings indicated.
B. Terms Defined.
(1) "Comparable business" includes the same lines and kinds of insurance, same kinds of risks, similar policy limits, and similar quality of business.
(2) "Control", including the terms "controlling", "controlled by", and "under common control with", has the meaning stated in Insurance Article, §8-101(b), Annotated Code of Maryland.
(3) "Insurance holding company system" has the meaning stated in Insurance Article, §7-101(e), Annotated Code of Maryland.
(4) "Insurer" means an insurer described in Insurance Article, §8-102, Annotated Code of Maryland.