Section 58-24-3 - Insurance to which chapter does not apply This chapter shall not apply to:
(1) Reinsurance, other than joint reinsurance to the extent stated in §§ 58-24-57 and 58-24-58;(4) Insurance of vessels or craft, their cargoes, marine builders' risks, marine protection and indemnity, or other risks commonly insured under marine, as distinguished from inland marine insurance policies; or SL 1966, ch 111, ch 15, § 2.