Md. Code, Insurance § 25-307
This is the official text of Md. Code, Insurance § 25-307, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§25–307.
Official statutory text
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.
(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.
Status: in_force · Read it on the official government site
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