Purpose.

(a) The purpose of this chapter is to describe the kinds of risks and coverages which may be identified under State insurance laws as marine, inland marine, or transportation insurance, but does not include all of the kinds of risks and coverages which may be written, classified, or identified under marine, inland marine, or transportation insuring powers, nor shall it be construed to mean that the kinds of risks and coverages are solely marine, inland marine, or transportation insurance in all instances.

(b) This chapter shall not be construed to restrict or limit in any way the exercise of any insuring powers granted under charters and licenses, whether used separately, in combination, or otherwise.