Insurance

The Insurance Division is responsible for administering the state’s Insurance Program which is comprised of both commercial and self-insurance. Commercial insurance policies are procured to cover catastrophic property and liability losses, and obligations derived from state contracts, statutes, and regulations. Among exposures covered by commercial policies are state maintained toll bridges and tunnels, Baltimore Washington International Thurgood Marshall Airport (BWI), Port of Baltimore, Maryland Transit Administration liability, assorted professional liability exposures, and student athlete accident insurance. The state self-insures a significant portion of its exposures and maintains the State Insurance Trust Fund to pay claims and the costs associated with handling those claims. Self-insurance coverage includes state-owned real and personal property, vehicles, and liability claims covered under the Maryland Tort Claims Act.

The Insurance Division is comprised of four Units: Underwriting, Loss Prevention, Claims, which includes Tort Litigation and Workers’ Compensation. The Division’s goal is to provide statewide risk management through loss protection (Underwriting), loss control (Loss Prevention), loss restoration (Claims and Tort Litigation) plus contract administration and advocacy (Workers’ Compensation).

For further information or assistance please click or call below

Service of Process accepted via e-mail until further notice

Effective immediately, and until further notice, the State Treasure of Maryland will be accepting service of process by e-mail to the State pursuant to the Maryland Tort Claims Act. Md. Code Ann., State Govt. 12-108. A party may e-mail a complaint and writ of summons to the State Treasurer’s, Insurance Division: 

This e-mail is set up to receive service of suit only

The service party will be notified promptly during normal business hours (8:00am – 5:00pm), whether or not the State Treasurer will accept service, and service shall be complete when the State Treasurer’s Insurance Director, Joyce Miller, confirms by return e-mail that the State Treasurer has accepted service. 

We are developing an online portal to streamline the process of setting up new agency accounts. In the meantime, please complete this temporary PDF form. To ensure the security of your sensitive information, please only fax the completed form to us at (410) 974-2076 or send via regular mail to the address listed below. We apologize for the inconvenience and appreciate your patience as we transition to the new online system. 

 

Maryland State Treasurer’s Office 

Banking Services

80 Calvert Street

Annapolis, MD 21401

Lockbox Banking Services

Solicitation Number:

RFP #LB-10192023

Title:

Lockbox Banking Services

Issue Date:

10/19/2023

Proposals Due: 

12/12/2023

Award Date:

 

Documents:

Solicitation Letter

Financial Proposal Form

Amendment

Amendment #2

Questions & Answers #1

Questions & Answers #2 (2 of 2)

DISCLAIMER

Introduction

The State Treasurer’s Office (“STO”) is an agency of the State of Maryland. Information on Maryland State General Obligation Bonds will be available to you after you read and acknowledge this disclaimer. The Official Statements linked to the Debt Management section of the STO website (the “Official Statements Webpage”) is the only information on this site intended to reach the investing public, including Maryland State General Obligation bondholders, rating analysts, financial advisors, or any other members of the investment community.

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Contact Person

If you need help downloading Official Statements or other information, or would like to obtain copies of printed Official Statements, please contact the STO’s Debt Management Division at (410) 260-7920.

Disclaimer

All information contained in the STO Official Statements Webpage is obtained from sources believed to be accurate and reliable. Refer to the Official Statement of each series for complete information on that issue. This information, however, is prepared “without audit” unless otherwise identified as audited financial information. Due to the possibility of human or mechanical error as well as other factors, this information is provided “as is” without warranty of any kind and the STO makes no representation, express or implied, as to the accuracy, reliability, completeness, or timeliness of this information, and is not responsible for any loss or damages incurred by parties using this information.

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The Official Statements located on the Official Statements Webpage have been included for general informational purposes only and no person should make any investment decision in reliance upon the information contained herein. The Official Statements Webpage and the information contained herein do not constitute an offer to sell or the solicitation of any offer to buy any securities. The STO currently anticipates that the disclosure documents prepared from time to time in connection with the offering and sale of securities by the State of Maryland may contain information updating or supplementing the information presented at this website. In addition, certain financial information and operating data, as well as information regarding certain material developments concerning the State of Maryland and securities from time to time issued by it, may be filed with the continued disclosure service established by the Municipal Securities Rulemaking Board known as the Electronic Municipal Market Access “EMMA” system, www.emma.msrb.org. The STO in its discretion will determine whether to include such updated information on its website or to otherwise supplement, update or modify the information at this website. Furthermore, the information in each document or file is dated as of the date or dates indicated, and the STO disclaims any duty or obligation either to update the information contained at the Official Statements Webpage or to maintain the availability of such information. Such supplemental, updated or modified information may be obtained from the website cited above.

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I have read the foregoing disclaimer and expressly agree to each of its terms; I also understand that, as indicated above, official forms of disclosure documents are available elsewhere and that material information important to the making of informed investment decisions may have been posted elsewhere.