Uninsured Employers' Fund - Assessments and Special Monitor
What this bill does
Altering the circumstances under which the Uninsured Employers' Fund must collect or suspend a certain assessment; altering, from 1% to up to 1.5%, the additional percentage the Uninsured Employers' Fund Board may direct the Workers' Compensation Commission to assess on awards and settlements if the Board determines that the reserves of the Fund are inadequate to meet anticipated losses; and requiring the Workers' Compensation Commission to designate a special monitor to assess the financial condition of the Uninsured Employers' Fund.
Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (0)
MGA witness list| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Burns, Michael | Maryland Uninsured Employers' Fund | Oral + Written (PDF) |
| FAV | Chair, Economic Matters Committee, Chair, Economic Matters Committee | Individual | Oral |
| UNF | Egan, Nancylobbyist | American Property & Casualty Insurance Association | Oral + Written (PDF) |
| UNF | Allen, Hannahlobbyist | Maryland Chamber of Commerce | Written (PDF) |
| UNF | Murray, Julie | Maryland Defense Counsel | Oral |
| UNF | Dailey, Michael | Schmidt, Dailey & O'Neill, LLC | Oral |
| FWA | Meninger, Lyndsey | Injured Workers' Insurance Fund and Chesapeake Employers' Insurance Company | Oral |