Maine Revised Statutes Title 24-A. Maine Insurance Code § 992. Definitions

1. Covered kinds of insurance. “Covered kinds of insurance” means property insurance as defined in section 705 and casualty insurance as defined in section 707 and does not include health insurance as defined in section 704, unless required by the applicable NAIC annual statement instructions to be included in the property and casualty actuarial opinion of a casualty insurer or multiple lines insurer, or property insurance written by domestic mutual assessment insurers pursuant to chapter 51.

2. Repealed. Laws 2021, c. 521, § 27, eff. March 29, 2022.

3. Qualified actuary. “Qualified actuary” means a person who is a member of the American Academy of Actuaries who has obtained a designation either as a fellow or an associate in the Casualty Actuarial Society and, if an associate, has at least 5 years' experience in actuarial practice obtained in the covered kinds of insurance.