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§ 9-1006. Assessment against insurer

West's Annotated Code of MarylandLabor and Employment

West's Annotated Code of Maryland
Labor and Employment
Title 9. Workers' Compensation (Refs & Annos)
Subtitle 10. Uninsured Employers (Refs & Annos)
MD Code, Labor and Employment, § 9-1006
§ 9-1006. Assessment against insurer
Currentness
In general
(a) The Commission may assess an insurer $300 if:
(1) the insurer fails to comply with the requirements of the Commission about certification of insurance with the Commission; and
(2) the Commission finds that the Fund or the Commission was required to investigate or attend a hearing to determine whether an employer has insurance.
Additional assessment
(b) The Commission may assess the insurer an additional $300 for each subsequent failure to comply with the insurance certification requirements of the Commission.
Payment into Fund
(c) The Commission shall direct payment of an assessment under subsection (a) or (b) of this section into the Fund.
Notification of Insurance Commissioner
(d) If an insurer fails to comply with the insurance certification requirements of the Commissioner 5 times in a fiscal year, the Commission may:
(1) notify the Insurance Commissioner; and
(2) request that the insurer show cause why the Insurance Commissioner should not impose sanctions under § 4-113(d) of the Insurance Article.

Credits

Added by Acts 1991, c. 8, § 2, eff. Oct. 1, 1991. Amended by Acts 1997, c. 70, § 4, eff. Oct. 1, 1997.
Formerly Art. 101, § 91.
MD Code, Labor and Employment, § 9-1006, MD LABOR & EMPLY § 9-1006
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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