Section 221.13-A - Exemptions(a) The following insurers are exempt from this article: (1) Monoline mortgage guaranty insurers.(2) Financial guaranty insurers.(4) Foreign or alien fraternal benefit societies.(b) A domestic property or casualty insurer that meets all of the following conditions is exempt from this article unless the commissioner makes a specific finding that application of this article to the insurer is necessary for the commissioner to carry out statutory responsibilities: (1) Writes direct business only in this Commonwealth.(2) Writes direct annual premiums of ten million dollars ($10,000,000) or less or such higher amount as the commissioner may order in five-year intervals as necessary to reflect the impact of inflationary factors.(3) Assumes no reinsurance in excess of five per centum of direct premium written except for assumed reinsurance of business directly written in this Commonwealth if the assuming insurer's total annual net written premium, direct plus assumed minus ceded, is ten million dollars ($10,000,000) or less.Amended by P.L. 544 2012 No. 51, § 2, eff. 7/21/2012.1921, May 17, P.L. 789, No. 285, § 513-A, added 1997, June 25, P.L. 349, No. 40, § 1, imd. effective.