| Be it enacted by the People of the State of Maine as follows: |
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| | Sec. 1. 24-A MRSA §4433, sub-§2, ¶C, as amended by PL 1987, c. 707, §4, | is further amended to read: |
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| C. Credit insurance, vendors single-interest insurance, | collateral protection insurance or any similar insurance | protecting the interests of a creditor arising out of a | creditor-debtor transaction; |
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| | Sec. 2. 24-A MRSA §4433, sub-§2, ¶F, as amended by PL 1989, c. 67, §1, | is further amended to read: |
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| F. Financial guaranty insurance or other forms of insurance | offering protection against investment risks; and |
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| | Sec. 3. 24-A MRSA §4433, sub-§2, ¶G, as amended by PL 1991, c. 885, Pt. | E, §32 and affected by §47, is further amended to read: |
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| G. Contracts of workers' compensation excess insurance | issued to workers' compensation self-insurers approved under | former Title 39, section 23 or under Title 39-A, section 403 | by any insurer after the effective date of this paragraph, | or in the case of a contract that automatically renews, not | later than one year after the effective date of this | paragraph.; |
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| | Sec. 4. 24-A MRSA §4433, sub-§2, ¶¶H to K are enacted to read: |
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| H.__Life, annuity, health or disability insurance; |
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| I.__Insurance of warranties or service contracts, including | insurance that provides for the repair, replacement or | service of goods or property, or indemnification of repair, | replacement or service; for the operational or structural | failure of the goods or property due to a defect in | materials, workmanship or normal wear and tear; or for | reimbursement for the liability incurred by the issuer of | agreements or service contracts that provide such benefits; |
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| J.__A transaction or combination of transactions between a | person, including affiliates of that person, and an insurer, | including affiliates of that insurer, that involves the | transfer of investment or credit risk unaccompanied by | transfer of insurance risk; and |
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| K.__Insurance provided by or guaranteed by a governmental | entity. |
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