In this chapter, the following terms have the meanings indicated. Terms Defined. “Delivery by electronic means” includes: Delivery to an electronic mail address at which a party has consented to receive notice; and Posting on an electronic network, together with separate notice to a party directed to the electronic mail address at which the party has consented to receive notice of the posting. Material Risk Factor. “Material risk factor” means a risk factor that: Was incorrectly recorded or not disclosed by the insured in an application for insurance; Was in existence on the date of the application; and Modifies the premium charged on the policy or binder in accordance with the rates and supplementary rating information filed by the insurer under Insurance Article, Title 11, Subtitle 3, Annotated Code of Maryland. “Material risk factor” does not include: Information that constitutes a material misrepresentation; or A change initiated by an insured, including any request by the insured that results in a change in coverage, change in deductible, or other change to a policy. “Personal insurance” means property insurance or casualty insurance issued to an individual, trust, estate, or similar entity that is intended to insure against loss arising principally from the personal, noncommercial activities of the insured.