Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 67.00 - Workers' Compensation Self-insurance Groups
Section 67.16 - Termination of Certificate

Universal Citation: 211 MA Code of Regs 211.67

Current through Register 1531, September 27, 2024

(1) The certificate of approval issued by the Commissioner to a workers' compensation self-insurance group authorizes the group to provide workers' compensation coverage for members of the group. The certificate of approval remains in effect until terminated at the request of the group or revoked by the Commissioner pursuant to the provisions of 211 CMR 67.17. Termination of the certificate shall not relieve either the group or its members of their duty to pay workers' compensation benefits, nor shall it relieve members of their joint and several liability to pay for claims incurred by the group during their period of membership.

(2) The Commissioner shall grant the request of any group to terminate its certificate of approval provided the group has insured or reinsured all outstanding, both known and unknown, workers' compensation obligations with a licensed insurer under an agreement filed with and approved in writing by the Commissioner. Such obligations shall include both known and unknown claims and the expenses associated therewith.

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