(1) This subchapter does not apply to reinsurance or to the following types of insurance when placed by licensed agents or brokers of this state:(1) Wet marine and foreign trade insurance;(2) Insurance on subjects that are:(A) Located, resident, or to be performed outside this state; or(B) On vehicles or aircraft principally garaged outside this state;(3) Insurance on property or operation of railroads engaged in interstate commerce;(4) Accident and health coverage; and(5) Insurance of aircraft:(A) Owned or operated by manufacturers of aircraft;(B) Operated in scheduled interstate flight;(C) Cargo; or(D) Against liability, other than workers' compensation and employer's liability, arising out of the ownership, maintenance, or use of the aircraft.
(1) Wet marine and foreign trade insurance;
(2) Insurance on subjects that are:(A) Located, resident, or to be performed outside this state; or(B) On vehicles or aircraft principally garaged outside this state;
(A) Located, resident, or to be performed outside this state; or
(B) On vehicles or aircraft principally garaged outside this state;
(3) Insurance on property or operation of railroads engaged in interstate commerce;
(4) Accident and health coverage; and
(5) Insurance of aircraft:(A) Owned or operated by manufacturers of aircraft;(B) Operated in scheduled interstate flight;(C) Cargo; or(D) Against liability, other than workers' compensation and employer's liability, arising out of the ownership, maintenance, or use of the aircraft.
(A) Owned or operated by manufacturers of aircraft;
(B) Operated in scheduled interstate flight;
(C) Cargo; or
(D) Against liability, other than workers' compensation and employer's liability, arising out of the ownership, maintenance, or use of the aircraft.