24-A §1. Short title

§1. Short title This Title shall be known and be cited as the Maine Insurance Code.   [PL 1969, c. 132, §1 (NEW).] SECTION HISTORY PL 1969, c. 132, §1 (NEW).

24-A §10. Application of code as to particular types of insurers

§10. Application of code as to particular types of insurers No provision of this Title shall apply with respect to:   [PL 1969, c. 132, §1 (NEW).] 1.  Domestic mutual assessment insurers, as identified in chapter 51, except as stated in such chapter;   [PL 1969, c. 177, §1 (AMD).] 2.  Fraternal benefit societies, except […]

24-A §11. Particular provisions prevail

§11. Particular provisions prevail Provisions of this Title as to a particular kind of insurance, type of insurer or matter shall prevail over provisions relating to insurance, insurers or matters in general.   [PL 1969, c. 132, §1 (NEW).] SECTION HISTORY PL 1969, c. 132, §1 (NEW).

24-A §12-A. Civil penalty and enforcement provisions

§12-A. Civil penalty and enforcement provisions 1.  Civil penalty.  Civil penalties may be assessed against any person who:   A. Violates any provision of this Title, Title 24 or any other law enforced by the superintendent;   [PL 1997, c. 634, Pt. B, §1 (RPR).] B. Violates any rule lawfully adopted by the superintendent; or […]

24-A §12. General penalty (REPEALED)

§12. General penalty (REPEALED) SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1969, c. 177, §§1-A (RPR). PL 1989, c. 269, §2 (RP).

24-A §13. Retention of unpaid premium

§13. Retention of unpaid premium Any insurance company, broker or agent may retain an amount equal to any undisputed unpaid premium due on the policy under which a claim is being presented, in connection with claims by and settled with an insured, as long as the unpaid premium remains unpaid 60 days after the effective […]

24-A §14. Affordable Care Act defined

§14. Affordable Care Act defined As used in this Title, “federal Affordable Care Act” means the federal Patient Protection and Affordable Care Act, Public Law 111-148, as amended by the federal Health Care and Education Reconciliation Act of 2010, Public Law 111-152, and any amendments to or regulations or guidance issued under those acts.   […]

24-A §15. NAIC defined

§15. NAIC defined As used in this Title, “NAIC” or “National Association of Insurance Commissioners” means the National Association of Insurance Commissioners or its successor organization of insurance regulators.   [PL 2021, c. 521, §1 (NEW).] SECTION HISTORY PL 2021, c. 521, §1 (NEW).

24-A §2. “Person” defined

§2. “Person” defined “Person” includes an individual, firm, partnership, corporation, association, syndicate, organization, society, business trust, attorney-in-fact and every natural or artificial legal entity.   [PL 1969, c. 132, §1 (NEW).] SECTION HISTORY PL 1969, c. 132, §1 (NEW).

24-A §3. “Insurance” defined

§3. “Insurance” defined “Insurance” means a contract under which one undertakes to pay or indemnify another as to loss from certain specified contingencies or perils, to pay or grant a specified amount or determinable benefit or annuity in connection with ascertainable risk contingencies or to act as surety, except that the following types of contracts […]

24-A §4. “Insurer” defined

§4. “Insurer” defined “Insurer” includes every person engaged as principal and as indemnitor, surety or contractor in the business of entering into contracts of insurance.   [PL 1969, c. 132, §1 (NEW).] SECTION HISTORY PL 1969, c. 132, §1 (NEW).

24-A §5. Superintendent, bureau defined

§5. Superintendent, bureau defined 1.  Superintendent.  “Superintendent” means the Superintendent of the Bureau of Insurance.   [PL 1973, c. 585, §6 (RPR).] 2.  Bureau.  “Bureau” means the Bureau of Insurance.   [PL 1973, c. 585, §6 (RPR).] SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §6 (RPR).

24-A §6. “Domestic,” “foreign,” “alien” insurer defined

§6. “Domestic,” “foreign,” “alien” insurer defined 1.  Domestic insurer.  A “domestic” insurer is one formed under the laws of this State.   [PL 1969, c. 132, §1 (NEW).] 2.  Foreign insurer.  A “foreign” insurer is one formed under the laws of any jurisdiction other than this State.   [PL 1969, c. 132, §1 (NEW).] 3.  […]

24-A §7. “State” defined

§7. “State” defined When in context signifying other than this State, “state” means any state, district, territory, commonwealth or possession of the United States of America.   [PL 1995, c. 329, §3 (AMD).] SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1995, c. 329, §3 (AMD).

24-A §8. “Authorized,” “unauthorized” insurer defined

§8. “Authorized,” “unauthorized” insurer defined 1.  Authorized insurer.  An “authorized” insurer is one duly authorized to transact insurance in this State by a subsisting certificate of authority issued by the superintendent.   [PL 1973, c. 585, §12 (AMD).] 2.  Unauthorized insurer.  An “unauthorized” insurer is one not so authorized.   [PL 1969, c. 132, §1 […]

24-A §9. “Transacting insurance” defined

§9. “Transacting insurance” defined In addition to other aspects of insurance operations to which provisions of this Title by their terms apply, “transact” with respect to a business of insurance includes any of the following, whether by mail or any other means:   [PL 1969, c. 132, §1 (NEW).] 1.  Solicitation or inducement;   [PL […]