- (a) Except as provided in (c) of this section, a reciprocal insurer may, upon qualifying as provided for by this title, transact any kind or kinds of insurance defined by this title, other than life or title insurances.
- (b) The insurer may purchase reinsurance, and may grant reinsurance as to any kind of insurance it is authorized to transact.
- (c) The director shall establish by regulation the type of marine insurance that a reciprocal insurer may provide.