The Executive Director shall settle, compromise, or defend claims against the Fund. Notwithstanding § 9-602 of the Criminal Law Article, the Executive Director may authorize an employee of the Fund to record a telephone conversation with a policyholder, witness, claimant, investigating officer, or other interested party if: the conversation is relevant to an accident or claim; the party to be recorded has or might have information that is relevant to the accident or claim; and before recording, the party to be recorded is advised of and consents to the recording.