Regulation .01 Scope.

This chapter applies to:

(1)

Commercial insurance as defined in Insurance Article, §27-601(b), Annotated Code of Maryland; and

(2)

Workers’ compensation insurance for employers’ liability as set forth in Labor and Employment Article, Title 9, Annotated Code of Maryland.

This chapter does not apply to policies:

(1)

Issued to exempt commercial policyholders, as defined in Insurance Article, §11-206(j), Annotated Code of Maryland;

(2)

For which the renewal premium is:

(a)

In excess of $1,000; and

(b)

An increase over the expiring policy premium of the lesser of 3 percent or $300; or

(3)

Of surplus lines insurance procured from a nonadmitted insurer under Insurance Article, Title 3, Subtitle 3, Annotated Code of Maryland.