In this chapter the following term has the meaning indicated. Commercial Insurance Defined. “Commercial insurance” means property insurance or casualty insurance: Issued to an individual, sole proprietor, partnership, corporation, limited liability company, or similar entity; and Intended to insure against loss arising from the business pursuits of the insured entity. “Commercial insurance” does not include: A policy issued by the Maryland Automobile Insurance Fund; A policy issued by the Joint Insurance Association; Workers’ compensation insurance; or Title Insurance.