Get Started

Maryland Management Liability Insurance

For Maryland claims under the Fair Employment Practices Act, ordinary employment discrimination generally uses a 15-employee threshold and a 300-day Maryland Commission filing window. Maryland law also corporations may use their charter to expand or limit directors’ and officers’ monetary liability to the corporation or stockholders, subject to statutory exceptions for improper benefits and material active dishonesty. 3,4,1,2

What Is Management Liability?

Management liability packages can combine D&O and employment-practices coverage for leader and workplace claims, while benefit-plan protection may be a separate part. Shared limits can let a claim in one part reduce what is available for another, so compare the limits across the quote. Read the national Management liability guide.

What to Watch for in Maryland

  • Do not use one intake deadline for every allegation

    The Maryland Commission on Civil Rights filing period is generally 300 days for employment discrimination other than harassment, and two years for harassment against an employer. Ask how the EPL form handles this allegation type, including wage-and-hour exclusions, defense sublimits, and notice triggers. 4

  • Private Company Indemnification

    Maryland permits charter provisions that expand or limit director and officer monetary liability to the corporation or stockholders, but not for an improper benefit, material active and deliberate dishonesty, or specified proceedings involving financial institutions. As a private company, compare your bylaws and indemnity agreement with the policy’s advancement language; § 2-405.1 does not itself promise insurance payment. 1

  • A Commission Complaint Is Written And Sworn

    The statute calls for a written complaint signed under oath and describing the respondent and particulars. Ask who will log the first written notice and confirm the policy reporting date. 4

Who Regulates Insurance in Maryland

Maryland Insurance Administration

The Maryland Insurance Administration licenses producers and insurers, reviews rates and forms, and investigates complaints about insurance companies and producers. You can use its state lookup or complaint service to check a license or raise an insurance issue. 7,8,9

Surplus-lines tax and stamping office

Reported tax rate: 3% of gross premiums less returned premiums when Maryland is the insured's home state; excludes risks of Maryland and its political subdivisions When Maryland is the insured's home state, the tax is 3% of gross premiums less returned premiums, except insurance of risks of the State or a political subdivision. For policies effective on or after July 21, 2011, Maryland taxes the entire premium and the broker must charge the tax in addition to premium. Maryland's property and casualty guaranty corporation excludes surplus-lines policies. 10,11

Providers With Documented State Licenses

No provider in Spot’s research documents both a state license record and this coverage line. This does not establish that providers are unlicensed. Check the regulator’s license lookup and confirm availability with a provider when requesting a quote.

Questions to Ask Before You Buy in Maryland

  1. Which Maryland employment-law allegations and agency notices did you account for, and how do the EPL form’s wage-and-hour exclusion and defense sublimit apply?
  2. For our Maryland private company, when do the charter, bylaws, or indemnification agreements require us to advance a leader’s defense costs, and when does the policy respond?
  3. Does the quote include fiduciary-liability coverage, and which plan fiduciaries need a separate ERISA fidelity bond?
  4. Does the policy treat an agency charge, written demand, and filed lawsuit as separate claim triggers, and what notice date applies to each?

Management Liability in Maryland: FAQ

What employment-law exposure should a Maryland business discuss when buying management liability? 3,4

For Maryland claims under the Fair Employment Practices Act, ordinary employment discrimination generally uses a 15-employee threshold and a 300-day Maryland Commission filing window. The policy notice deadline is separate from any agency filing deadline. 3,4

Does Maryland corporate law determine what a D&O policy pays? 3,4,1

Maryland law also corporations may use their charter to expand or limit directors’ and officers’ monetary liability to the corporation or stockholders, subject to statutory exceptions for improper benefits and material active dishonesty. The statute does not itself define what the insurer must defend or pay; check those terms in the policy. 3,4,1

Is a plan fidelity bond the same as fiduciary-liability insurance for a Maryland business? 4,5,6,1

No. ERISA requires a fidelity bond for covered plan fiduciaries who handle plan funds; Maryland law also corporations may use their charter to expand or limit directors’ and officers’ monetary liability to the corporation or stockholders, subject to statutory exceptions for improper benefits and material active dishonesty addresses a separate company-law issue. Ask whether the policy includes fiduciary-liability coverage in addition to the bond. 4,5,6,1

Management Liability in Other States

Other Coverage in Maryland

Sources

  1. Maryland Code, Corporations and Associations § 2-405.1. Maryland General Assembly; § 2-405.1, director standard of conduct and official-capacity scope. Accessed 2026-09-28.
  2. Maryland Code, Corporations and Associations § 2-418. Maryland General Assembly; § 2-418(b)–(d), (l), indemnification limits, court relief, and stockholder reporting. Accessed 2026-09-28.
  3. Maryland Code, State Government § 20-601 (2026 Regular Session). Maryland General Assembly; Subsection (d)(1), employer definition; current/prior calendar year and 20-week thresholds. Accessed 2026-09-28.
  4. Maryland Code, State Government § 20-1004. Maryland General Assembly; Subsection (c)(1)–(3), general, employment discrimination, and employer-harassment filing periods; subsection (b), complaint form. Accessed 2026-09-28.
  5. 29 U.S.C. § 1112, ERISA fidelity bonding. U.S. Government Publishing Office; ERISA § 412(a)–(e): covered plan fiduciaries and persons handling plan funds/property; fraud-or-dishonesty protection; statutory exceptions; amount and procurement rules. Authenticated U.S. Code text records amendments through 2019, accessed 2026-09-28. Accessed 2026-09-28.
  6. 29 C.F.R. § 2580.412-6, Handling test for ERISA bonding. Office of the Federal Register, Electronic Code of Federal Regulations; Current eCFR displayed as of 2026-09-24; § 2580.412-6(a)–(b): risk-based handling definition, access/control/disbursement examples, negligible-risk qualification. Accessed 2026-09-28.
  7. Maryland Insurance Administration. Maryland Insurance Administration; Homepage and consumer contact. Accessed 2026-09-28.
  8. Insurance License Lookup. Maryland Insurance Administration; State-designated producer/company search. Accessed 2026-09-28.
  9. File an Insurance Complaint. Maryland Insurance Administration; State complaint process and contact. Accessed 2026-09-28.
  10. Md. Code, Insurance §3-324. Maryland General Assembly; Insurance §3-324(a)-(b), (d)-(f): government-risk exclusion; 3% of gross premiums less returns; entire-premium home-state basis from July 21, 2011, with tax charged in addition. Accessed 2026-09-28.
  11. Maryland Insurance Article (2026). Maryland General Assembly; Insurance §9-303(5), (7): surplus-lines and unauthorized insurers excluded from property and casualty guaranty subtitle; 2026 Insurance Article PDF. Accessed 2026-09-28.
  12. Licenses. At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21.
  13. Licenses and Carriers. Coalition; Licenses and Carriers, re-read 22 September 2026: Insurance Licenses table for Coalition Insurance Solutions, Inc., national producer number 18419475, with producer and surplus-lines numbers for all 50 states and DC including California 0L76155, Georgia 196479, Texas 2199630 and 2205589, Pennsylvania 815731 and 817452, Colorado 539028 and Wisconsin 3000108852. Insurance Carriers table naming, with NAIC numbers, Allianz Underwriters Insurance Company 36420, Arch Specialty Insurance Company 21199, Ascot Specialty Insurance Company 45055, Ascot Insurance Company 23752, Aspen Specialty Insurance Company 10717, Chaucer Insurance Company DAC, Coalition Insurance Company 29530, Fireman's Fund Indemnity Corporation 11380, Fortegra Specialty Insurance Company 16823, Lloyd's of London, MSIG Specialty Insurance USA Inc. 34886, MS Transverse Specialty Insurance Company 41807, Steadfast Insurance Company 26387, Vantage Risk Specialty Insurance Company 16275 and Zurich American Insurance Company 16535. Accessed 2026-09-22.
  14. Insurance Producer Licenses. Corgi Insurance; Current complete Insurance Producer Licenses table for Corgi Insurance Services, Inc.; 50 rows covering 49 states and DC (DC 3003091619); no New Mexico row; no NPN or as-of date shown. Accessed 2026-09-28.
  15. About Hiscox US Insurance. Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16.
  16. Licenses. ERGO NEXT Insurance; Current entity-by-state license table reopened 28 September 2026: 50 rows under Next First Insurance Agency, Inc., including Washington, DC; New York rows instead list Next Insurance Services PC-1423070 and AP Intego BR-1198885. Accessed 2026-09-28.
  17. Insurance Licenses by State. TechInsurance; Current state table; identifies TechInsurance as a division of Specialty Program Group LLC d/b/a SPG Insurance Solutions; lists DC 3000041536 and labels Rhode Island “Individual licenses,” without an agency license number. Accessed 2026-09-28.
  18. Licenses. Vouch; Effective 16 January 2025: Vouch Specialty Insurance Services, LLC, NPN 19926463; P&C table (50 states and DC); surplus-lines table includes Idaho 870820; footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses; Idaho retained as producer-only due to conflict. Accessed 2026-09-15.

Updated .

This guide is informational and does not determine whether a policy is available or meets your needs. Editorial policy. To suggest a correction, contact Spot with a supporting source.

Get Help With Insurance Buying and Renewals.

Get help buying coverage and managing renewals, with less paperwork for your team. Start with a free consultation.

Talk to Spot