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11.18.02.00.htm 11.18.02.00. Title 11 DEPARTMENT OF TRANSPORTATION Subtitle 18 MOTOR VEHICLE ADMINISTRATION ― FINANCIAL RESPONSIBILITY REQUIREMENTS Chapter 02 Self-Insurers Authority: Transportation Article, §12-104(b) 17-103, and 20-105.1, Annotated Code of Maryland
11.18.02.01.htm 11.18.02.01. 01 Scope.. These regulations are designed to govern all self-insurers in the State, except the federal government and the State government unless otherwise provided.
11.18.02.02.htm 11.18.02.02. 02 Definitions.. A. In this chapter, the following terms have the meanings indicated.. B. Terms Defined.. 1) “Administration” means the Motor Vehicle Administration.. 2) “Class A self-insurer” means:. a) A person or business, except taxicab operations, leasing or rental companies, and governmental entities; orb) An interstate trucking company in whose name less than 26 vehicles are registered as owner or lessee in this State, but which has a fleet of 26 or more registered vehicles.
11.18.02.03.htm 11.18.02.03. 03 Conditions for Certification as a Self-Insurer.. A. An applicant for certification as a self-insurer shall:. 1) Provide the same benefits required by Transportation Article, Title 17, Annotated Code of Maryland, and by a political subdivision, regulatory agency, or commission which regulates the self-insurer;2) File an application for Maryland self-insurance annually accompanied by:. a) A nonrefundable actuarial fee as set forth in COMAR 11.11.05;.
11.18.02.04.htm 11.18.02.04. 04 Security Requirements for Self-Insurers.. A. The Administration may require a deposit of:. 1) Money;. 2) An irrevocable letter of credit;. 3) Other securities as may be appropriate; or. 4) A surety bond, in a form and amount determined by the Administration as sufficient, to provide protection to the public.B. An irrevocable letter of credit or a surety bond filed with the Administration shall include a provision that the Administration will receive notice of cancellation at leas
11.18.02.05.htm 11.18.02.05. 05 Grounds for Denial, Suspension, or Revocation.. The self-insurance certificate of any self-insured may be suspended, cancelled, denied, or not renewed, after reasonable notice and opportunity to be heard, for the following reasons:A. Failing to maintain:. 1) The security or bond required by the Administration,. 2) The dedicated claim reserve fund as established in Regulation .04 of this chapter,. 3) An adequate dollar reserve fund for open claims, or.
11.18.02.06.htm 11.18.02.06. 06 Appeals and Hearings.. A. Appeals of decisions related to the self-insurance program shall be submitted in writing to the Self-Insurance Program Manager, by registered or certified mail.B. A hearing on a contested decision of the Self-Insurance Program Manager shall be conducted in accordance with the procedures in COMAR 11.11.02.
11.18.02.07.htm 11.18.02.07. 07 Notifications and Filings.. A. Correspondence, notifications, and inquiries pertaining to this chapter shall be addressed to the Manager, Self-Insurance Program, Maryland Motor Vehicle Administration, 6601 Ritchie Highway, N.E. Glen Burnie, MD 21062.B. Notifications regarding security expirations, cancellations, or terminations shall be sent by certified mail, and shall contain the name and certificate number of the self-insured.
11.18.02.08.htm 11.18.02.08. 08 Self-Insurance Card.. A. For the purposes of this regulation, self-insurers include:. 1) The State Government;. 2) Class A self-insurers;. 3) Class B self-insurers;. 4) Class C self-insurers; and. 5) Class D self-insurers.. B. Upon approval in the program, or a change in the self-insurer’s third-party administrator or third party-adjuster, each self-insurer shall provide the Administration the self-insurer’s third-party administrator’s or third-party adjuster’s:2) Address; and.
11.18.02.9999.htm 11.18.02.9999. Administrative History Effective date: December 1, 1973. Amended effective July 21, 1976 (3:15 Md. R. 792). Regulations .01 and .02 amended effective February 4, 1976 (3:3 Md. R. 153). Regulations .03 and .04 adopted effective February 4, 1976 (3:3 Md. R. 153). Regulation .05 adopted effective October 31, 1988 (15:22 Md. R. 2558). Regulation .05A amended effective January 1, 1992 (18:25 Md. R. 2756) ―. Regulations .01―05 repealed and new Regulations .01―07 adopted effective Fe
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