Section 15450.1 - Third Party Claims Administration for New Private Self Insurers(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.Cal. Code Regs. Tit. 8, § 15450.1
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: 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.
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).