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Maryland Code, Insurance § 25-307

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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: - Maryland Code, Insurance § 25-307 - last updated December 31, 2021 |

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