State Codes and Statutes
Statutes > Maryland > Insurance > Title-11 > Subtitle-3 > 11-321§ 11-321. Definitions.
(a) In general.- In Part IV of this subtitle the following words have the meanings indicated.
(b) Affiliate.- "Affiliate" has the meaning stated in § 7-101 of this article.
(c) Major insurer.- "Major insurer" means an insurer or affiliate or subsidiary of that insurer that has written an amount of private passenger premium in the State that totals 1% or more of the total premium of private passenger premium written in the State by all insurers, including the Maryland Automobile Insurance Fund.
(d) Private passenger premium.- "Private passenger premium" means the direct written premium derived from the sale of private passenger motor vehicle insurance policies in a calendar year.
(e) Subsidiary.- "Subsidiary" has the meaning stated in § 7-101 of this article.
[An. Code 1957, art. 48A, § 245; 1997, ch. 35, § 2; 1999, ch. 201; 2001, ch. 625.]
