24-A M.R.S. §411: Insuring combinations without additional capital funds

Without additional paid-in capital stock or additional surplus, an authorized insurer may also be authorized:

1. If a life insurer, to grant annuities;

2. If a health insurer, to insure against congenital defects, as defined in section 707;

3. If a casualty insurer or multiple line insurer, to transact health insurance; except that this provision does not apply to a domestic insurer authorized to transact casualty insurance only, pursuant to section 410, subsection 1, paragraph A; or

4. To transact employee benefit excess insurance to the extent authorized pursuant to section 707, subsection 3.