; (B) earthquake, conditioned on the report under section 4(2); and (C) any other peril as determined by the Secretary and added to the Program. (3) Engaged in the business of insurance The term engaged in the business of insurance means a person or entity that is subject to oversight by a State insurance department. (4) Insurer The term insurer — (A) means an admitted or non-admitted insurance company licensed or authorized to sell primary property insurance by State insurance regulators; and (B) does not include a reinsurance company or a captive insurance company. (5) Participating insurer The term participating insurer means an insurer that is participating in the Program. (6) Property insurance policy The term property insurance policy means a contract of insurance, through a policy form approved by a State insurance department, that provides, among other coverages, coverage for physical damage to residential or commercial property. (7) Secretary The term Secretary means the Secretary of the Treasury. (8) Statistical plan The term statistical plan means— (A) a description of the data elements to be reported; and (B) the instructions and procedures for accurately reporting data.