(a) This chapter, Chapters 251 and 261, and rules adopted by the commissioner or comptroller, as applicable, apply to the exchange, a member, and insurance and reinsurance written through the exchange, except to the extent exempted by rules adopted by the commissioner or comptroller, as applicable.
(b) An exemption may not be:
(1) unfairly discriminatory; or
(2) detrimental to the solvency of an insurer authorized to engage in the business of insurance in this state.