This chapter shall apply to all kinds of direct insurance, but shall not be applicable to the following:

1. (1) Life, annuity, health, or disability insurance;
2. (2) Mortgage guaranty, financial guaranty, or other forms of insurance offering protection against investment risks;
3. (3) Fidelity or surety bonds, or any other bonding obligations;
4. (4) Credit insurance, vendors’ single interest insurance, or collateral protection insurance or any similar insurance protecting the interests of a creditor arising out of a creditor-debtor transaction;
5. (5) Insurance of warranties or service contracts;
6. (6) Title insurance;
7. (7) Ocean marine insurance;
8. (8) Any transaction or combination of transactions between a person, including affiliates of such a person, and an insurer, including affiliates of such an insurer, which involves the transfer of investment or credit risk unaccompanied by transfer of insurance risk; or
9. (9) Any insurance provided by or guaranteed by government.

History

Oct. 21, 1993, D.C. Law 10-51, § 3, 40 DCR 6120

Prior Codifications

1981 Ed., § 35-3902.

Section References

This section is referenced in § 31-5501.