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Insolvency Threatens Uninsured Employers' Fund

By Eddie Curran (correspondent)

Thursday, February 21, 2019 | 0

Maryland’s Uninsured Employers' Fund could become insolvent as early as next year after suffering gravely due to bankruptcies by two major employers, managerial neglect and a rash of serious problems detailed in a legislative audit and other reports. Many in Maryland’s workers’ comp community were unaware of the gravity of the problems until a legislative hearing Tuesday, when UEF Executive Director Michael Burns detailed the challenges he’s facing while urging passage of bills he said are needed to keep the fund afloat. “I’m a ...

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