Section R20-5-1136. Notice of Self-insurer’s Termination of Self- insurance

A.      A self-insurer shall file with the Division a completed and signed Notice of Self-insurer’s Termination of Self-insurance form, if the self-insurer decides to terminate its self-insurance. The Notice of Self-insurer’s Termination shall be filed with the Division 30 days before the effective date of termination of self-insurance.

B.       Before the effective date of the termination of self-insurance, the self-insurer shall file a certificate with the Claims Division designating an insurance carrier, or other proof, satisfactory to the  Commission,   of  compliance  with  the  requirements   of

A.R.S. § 23-961, to cover claims of the self-insurer that:

1.        Are pending at that time the self-insurer terminates self- insurance; and

2.        Occur after the effective date of the termination of self- insurance.

Historical Note

New Section made by final rulemaking at 11 A.A.R.

1008, effective April 4, 2005 (Supp. 05-1).