§ 15450.1. Third Party Claims Administration for New Private Self Insurers.  


Latest version.
  • (a) Each private self insurer granted an initial, individual Certificate to Self Insure workers' compensation liabilities that has not been self insured or previously self insured for a total of three full years shall contract with a third party claims administrator for the first three (3) full calendar years of self insurance. The self insured employer's third party claims administrator shall hold a Certificate to Administer pursuant to Section 15450 of these regulations.
    (b) Each private group self insurer granted its initial Certificate to Self Insure workers' compensation liabilities shall contract with a third party administrator for the first five (5) full calendar years of self insurance. The group self insurer's third party claims administrator shall hold a Certificate to Administer pursuant to Section 15450 of these regulations.
HISTORY
1. New section filed 6-30-94; operative 6-30-94 (Register 94, No. 26). For prior history, see Register 92, No. 13.
2. Amendment of subsections (a) and (b) and repealer of subsection (c) filed 2-9-2006; operative 3-11-2006 (Register 2006, No. 6).

Note

Note: Authority cited: Sections 54, 55, 59 and 3702.10, Labor Code. Reference: Sections 3700, 3701, 3701.5, 3702, 3702.1, 3702.2 and 3702.3, Labor Code.