(a) In Part IV of this subtitle the following words have the meanings indicated.
(b) “Affiliate” has the meaning stated in § 7-101 of this article.
(c) “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” means the direct written premium derived from the sale of private passenger motor vehicle insurance policies in a calendar year.
(e) “Subsidiary” has the meaning stated in § 7-101 of this article.
Structure Maryland Statutes
Title 11 - Insurance Rating Law
Subtitle 3 - Competitive Rating
Part IV - Rate Making -- Geographic Distribution of Private Passenger Premium
Section 11-322 - Scope of Part
Section 11-323 - Data About Geographic Distribution of Private Passenger Premium
Section 11-324 - Designation as Major Insurer