The Injured Workers' Insurance Fund provides workers' compensation insurance coverage to Maryland businesses, and acts as claims administrator for all State employees for Workers' Compensation Insurance. As required by the Maryland Workers' Compensation Law, employers must carry this insurance to pay claims arising from workplace accidents and injuries to their employees (Code Labor & Employment Article, Title 9). All expenses of the Fund are paid out of income from premiums paid and interest earned from investments (Code Labor & Employment Article, secs. 10-101 through 10-141).
The Steering Committee is comprised of the risk management coordinators from fourteen State agencies, a representative from the Governor's Office, and a representative from the Injured Workers' Insurance Fund.
BOARD FOR THE INJURED WORKERS' INSURANCE FUND
The Board for the Injured Workers' Insurance Fund consists of nine members. They are appointed to five-year terms by the Governor with Senate advice and consent. The Board appoints the Fund President (Code Labor & Employment Article, secs. 10-109 through 10-114).
MARYLAND STATE EMPLOYEE RISK MANAGEMENT STEERING COMMITTEE
In January 2002, the Governor formed the Maryland State Employee Risk Management Steering Committee (Executive Order 01.01.2002.01). The Steering Committee works with the State Employee Risk Management Administration to share common guidelines, concerns, and ideas; monitor and make recommendations on risk management; and plan new initiatives in risk management.
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