Maryland Insurance Section 25-303
(a)   In this section, "service company" means a person that provides services that are not provided by the administrator, including:
(1)   claims adjustment;
(2)   safety engineering;
(3)   compilation of statistics and the preparation of premium, loss, and tax reports;
(4)   preparation of other required self-insurance reports;
(5)   development of members' assessments and fees; and
(6)   administration of a claim fund.
(b)   The Commissioner shall adopt regulations to carry out this subtitle.
(c)   The regulations shall include:
(1)   classifications of businesses and industries, based on the type of activity conducted by the business or industry, within which employers may join together in self-insurance groups;
(2)   for each classification:
(i)   a minimum level of contribution of at least $250,000 in premiums collected from or pledged by members of a self-insurance group to a fund from which workers' compensation claims will be paid;
(ii)   a minimum level of excess insurance coverage that must be obtained by each self-insurance group;
(iii)   a requirement that the minimum levels of excess insurance adopted under this subtitle may be satisfied by placing, in a depository that the Commissioner designates, securities in a form and amount that the Commissioner requires; and
(iv)   a surety bond of at least $100,000 that must be obtained by each self-insurance group;
(3)   conditions under which contributions by members of a self-insurance group may be rebated or temporarily suspended;
(4)   for each administrator or service company, a bond that the Commissioner may require in addition to any other required bond; and
(5)   a requirement that the governance of the group be under the control of its members.