Maryland Code, INSURANCE 25-307
Current as of: 2023 | Check for updates
|
Other versions
The Commissioner may:
(1) require actuarial studies and audits to determine the financial solvency of each self-insurance group as often as the Commissioner desires;
(2) assess each self-insurance group an annual amount of not more than $500 to be used for the actuarial studies and audits; and
(3) require an annual report that may include payroll audit reports, summary loss reports, and quarterly financial statements.