Volume 172, Page 121 View pdf image (33K) |
MARYLAND MANUAL 121 UNSATISFIED CLAIM AND JUDGMENT FUND BOARD Chairman: William T. S. Bricker, 1966 Vice Chairman: George W. Blaine, 1966 Secretary: John Hargrove, 1966 Ex officio members: John R. Jewell, Commissioner of Motor Vehicles; Francis B. Burch, Insurance Commissioner. Appointed members: Ralph Earl Campbell, 1966; Walter W. Falck, 1966; Henry B. Suter, 1966; Mrs. Henry A. Warburton, 1966; C. Harold Whittum, 1966. Manager: John H. Calhoun Assistant Manager: S. Webster Tull Principal Account Clerk: Bonnie L. Neal 6601 Ritchie Highway, N.E. Glen Burnie 21061 Telephone: 761-4732 The Unsatisfied Claim and Judgment Fund Board, established by Chapter 836, Acts of 1957, consists of the Commissioner of Motor Vehicles and the Insurance Commissioner, ex officio; four representa- tives of insurers appointed annually in July by the Insurance Commis- sioner for one-year terms, and four members representing the public appointed annually by the Governor by Chapter 657, Acts of 1965. The Board administers the Unsatisfied Claim and Judgment Fund, which was created from the following sources: (1) an $8.00 fee paid on. April I or May 1, 1958, for each uninsured motor vehicle by the person registering the vehicle; (2) a $1.00 registration fee paid on April I or May 1, 1958, for each insured motor vehicle by the person registering the vehicle; (3) 0.5% of the net direct written premiums of each insurer for the year 1958. Beginning on. December 30 of each year, the Board is to estimate annually the amount necessary to enable the Fund to pay claims against it for the following year. If there is a deficiency, the Board is to make it up as follows: (1) the insurers are to pay a sum not greater than 2% of the aggregate net direct written premiums of all insurers during the preceding calendar year; (2) persons registering uninsured motor vehicles are to pay a fee arrived at by dividing the deficiency by the number of uninsured motor vehicles registered during the preceding registration year. Effective June 1, 1965, the Board may set the uninsured motorist fee at its discretion. The uninsured assess- ment for the registration year of 1964-1966 resulted in a $70.00 fee assessed against uninsured motorists. Qualified persons who have suffered property damage or personal injury in motor vehicle accidents involving uninsured motorists and who have recovered judgments of more than $100, but who have been unable to collect the sums due, may apply to the Court for an order directing payment from the Fund. The maximum amounts payable from the Fund after April 1, 1965, are (1) $15,000 for injury or death of one person in any one accident; (2) $30,000 for injury or death of more than one person in any one accident; and (3) $5,000 for damage to property in any one accident less $100 deductible per claim. Under certain circumstances, claims may be settled without court action. Persons who have failed to pay judgments may not hold a driver's license or register a car in Maryland until they have reimbursed the Fund with interest (Code 1957, Art. 66%, sec. 174). Appropriations 1965 1966 Special Funds $261,644 $292,773 Staff: 24. |
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Volume 172, Page 121 View pdf image (33K) |
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