Maine Code § 24-A-6459

Supplemental provisions
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1. Existing authority supplemented. The provisions of this chapter are supplemental to any other
provisions of the laws of this State and do not preclude or limit any other powers or duties of the
superintendent under those laws, including, but not limited to, sections 417, 3423 and 3424 and chapter
57.
[PL 1997, c. 81, §9 (NEW).]
2. Rules. The superintendent may adopt rules to carry out the purposes of this chapter. Rules
adopted pursuant to this chapter are routine technical rules as defined in Title 5, chapter 375, subchapter
II-A.
[PL 1997, c. 81, §9 (NEW).]
3. Exemptions. The superintendent may exempt from the application of this chapter any domestic
property and casualty insurer that:
A. Writes business only in the State; [PL 1997, c. 81, §9 (NEW).]
B. Writes direct annual premium of $2,000,000 or less; and [PL 1997, c. 81, §9 (NEW).]
C. Assumes no reinsurance in excess of 5% of direct premium written. [PL 1997, c. 81, §9
(NEW).]
[PL 1997, c. 81, §9 (NEW).]

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