Annual Report FY2001 - Maryland Workers' Compensation ...

Divisions
Insurance Division
This Division’s
main function
is to monitor
self-insured
employers.
Department Infrastructure:
Director – Diana E. Farrell
(1) Fiscal Accounts Supervisor II
(1) Office Secretary III
(1) Compliance Coordinator/EEO
Officer
The Insurance Division’s main function is to monitor individual self-insured employers, government selfinsurance
groups and approved service companies for compliance with State laws, rules, regulations and the
Commission’s polices and procedures. Applications for the privilege of self-insurance are processed to
guarantee that the employer is financially able to pay compensation Thereafter, a recommendation is made
to the Commission to approve or disapprove the application. Self-insurance is continuous until revoked or
withdrawn. Each self-insured employer is required to secure payment of compensation by depositing
security with the Commission. As of June 30, 2001, there were 109 employers approved with this status.
Applications for approval to represent self-insured employers are also processed and a recommendation
to approve or disapprove is made to the Commission. The approval must be renewed annually. As of June
30, 2001, there were 27 service companies approved to represent self-insured employers. If a self-insured
employer chooses to process workers’ compensation claims “in house,” the Division decides whether their
processing function meets Commission requirements. Applications for certificates of compliance and
insurance review filings are processed for approval or disapproval.
… and ought to have justice and right,...
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