Maryland Increases Penalty for Failure to Obtain Workers’ Compensation Insurance

Maryland has passed MD Senate Bill 216, which raises the maximum penalty that can be assessed against employers who fail to secure required workers’ compensation insurance. The amendment changes the penalty limit from $10,000 to $25,000. This change increases the potential financial consequences for non-compliance, aiming to enforce stricter adherence to the law and ensure that employers provide necessary insurance coverage for their employees.

This law is effective July 1, 2024.