§3–308.

    Each insurance contract or confirmation procured and delivered under this subtitle shall be:

        (1)    endorsed or stamped conspicuously in boldface type on the first page of the insurance contract or confirmation as follows: “This insurance is issued by a nonadmitted insurer not under the jurisdiction of the Maryland Insurance Commissioner”; and

        (2)    accompanied by a written disclosure, as prescribed by the Commissioner, that:

            (i)    is written in clear, plain English;

            (ii)    explains that the insurer does not possess a certificate of authority from the Commissioner to engage in the insurance business in the State; and

            (iii)    includes any other information that the Commissioner requires.