"Transacting insurance" defined

24-A M.R.S. § 9, under GENERAL DEFINITIONS AND PROVISIONS.

24-A M.R.S. § 9

In addition to other aspects of insurance operations to which provisions of this Title by their terms apply, "transact" with respect to a business of insurance includes any of the following, whether by mail or any other means: [PL 1969, c. 132, §1 (NEW).]

1. Solicitation or inducement;

2. Negotiations;

3. Effectuation of a contract of insurance;

4. Transaction of matters subsequent to effectuation and arising out of such a contract.