This chapter applies only to policies of commercial insurance. This chapter does not apply to: A policy in effect for 45 days or less, as provided in Insurance Article, §12-106, Annotated Code of Maryland; or A policy issued to an exempt commercial policyholder under Insurance Article, §11-206, Annotated Code of Maryland, if the policy provides for written notice of not less than 30 days of the insurer’s intent to cancel or refusal to renew.