(A) A purchasing group and its insurer or insurers are subject to all applicable laws of this state, except that a purchasing group and its insurer or insurers, in regard to liability insurance for the purchasing group, are exempt from any law that does any of the following:

1. (1) Prohibits the establishment of a purchasing group;
2. (2) Makes it unlawful for an insurer to provide or offer to provide insurance on a basis providing, to a purchasing group or its members, advantages based on their loss and expense experience not afforded to other persons with respect to rates, policy forms, coverages, or other matters;
3. (3) Prohibits a purchasing group or its members from purchasing insurance on a group basis described in division (A)(2) of this section;
4. (4) Prohibits a purchasing group from obtaining insurance on a group basis because the group has not been in existence for a minimum period of time or because any member has not belonged to the group for a minimum period of time;
5. (5) Requires that a purchasing group have a minimum number of members, common ownership or affiliation, or a certain legal form;
6. (6) Requires that a certain percentage of a purchasing group obtain insurance on a group basis;
7. (7) Otherwise discriminates against a purchasing group or any of its members;
8. (8) Requires that any insurance policy issued to a purchasing group or any of its members be countersigned by an insurance agent or broker residing in this state.