Maryland Insurance Section 25-307

Article - Insurance

§ 25-307.

      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.



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