Maryland Code, INSURANCE 20-602
Terms Used In Maryland Code, INSURANCE 20-602
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Decedent: A deceased person.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(1) $30,000 on account of injury to or death of one individual;
(2) subject to the limit specified in item (1) of this subsection, $60,000 on account of injury to or death of more than one individual; and
(3) $15,000 for damages to property.
(b) (1) The following deductions shall be made from the smaller of the applicable maximum amount under subsection (a) of this section and the amount of the judgment:
(i) $250 from a judgment or part of a judgment for damages to property; and
(ii) the total amount that the claimant has received or is likely to receive:
1. from any source toward payment of the settlement or judgment;
2. toward payment of a judgment against a person against whom the claimant has a cause of action, arising out of the same accident, for damages for bodily injury or death or damage to property;
3. under a policy affording indemnity for damage to or destruction of property of the applicant; and
4. by reason of the accident out of which the claim arises under any workers’ compensation law.
(2) For the purposes of this subtitle, medical, hospital, funeral, or other benefits paid or payable for the applicant under the Maryland Workers’ Compensation Act shall be considered to be received or receivable by the claimant.
(c) The Fund may recover any amount paid out of the Fund that exceeds the amount authorized under this subtitle by bringing an action against the person that received the excess payment.
(d) (1) Notwithstanding any workers’ compensation law or similar law to the contrary, whenever the amount of a payment by the Fund has been reduced by the amount of benefits paid or to be paid in accordance with a workers’ compensation law or similar law, the employer of an injured person or decedent and the insurer of that employer is not entitled to a lien on payment from the Fund.
(2) Workers’ compensation benefits may not be reduced because of the reduced payment from the Fund.