Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 67.00 - Workers' Compensation Self-insurance Groups
Section 67.20 - Additional Provision Related to Existing Groups
Universal Citation: 211 MA Code of Regs 211.67
Current through Register 1531, September 27, 2024
The security, net worth to premium, and reinsurance/excess insurance requirements, prescribed in 211 CMR 67.08(2)(c) and (d) and 67.21, shall not apply to groups approved prior to January 1, 1993 until the later of the following dates, regardless of whether the group is in the middle of a fund year on such later date:
(1) January 1, 1995; or
(2) the third anniversary of the date on which the group received its certificate of approval.
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