New Mexico Administrative Code
Title 11 - LABOR AND WORKERS' COMPENSATION
Chapter 4 - WORKERS' COMPENSATION
Part 10 - SELF-INSURANCE POOLING OF PUBLIC ENTITIES
Section 11.4.10.7 - DEFINITIONS

Universal Citation: 11 NM Admin Code 11.4.10.7

Current through Register Vol. 35, No. 18, September 24, 2024

For the purposes of these rules:

A. "workers' compensation" also means "workman's compensation";

B. "administrator" means an individual, partnership or corporation engaged by a pool's board of trustees to carry out the policies established by that board to provide day-by-day management of the pool;

C. "pool" means an entity, regarded as an "agency" under the State Audit Act, that provides insurance collectively to governmental entities for workers' compensation benefits;

D. "service company" means a person or entity which provides services not provided by the administrator which may include claims adjustment; safety engineering; compilation of statistics and the preparation of premium; loss and tax reports; preparation of other required self-insurance reports; development of members' assessments and fees; and administration of a claim fund;

E. "director" means the director of the workers' compensation administration;

F. "workers' compensation benefits" means benefits paid pursuant to the Workers' Compensation Act or the New Mexico Occupational Disease and Disablement Law.

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