Maryland Code, Insurance § 25-307
Current as of December 31, 2021 | Updated by FindLaw Staff
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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.
Cite this article: FindLaw.com - Maryland Code, Insurance § 25-307 - last updated December 31, 2021 | https://codes.findlaw.com/md/insurance/md-code-insurance-sect-25-307/
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