16 Va. Admin. Code § 30-80-90

Current through Register Vol. 41, No. 8, December 2, 2024

Section 16VAC30-80-90 - Public self-insurers

A.16VAC30-50-90 of the commission stipulates that the state, its municipalities, and its divisions, may apply for and be granted the privilege of self-insurance without providing the proof of solvency required by § 65.2-801 of the Code of Virginia.

B. Public entities that wish to become self-insured for workers' compensation must apply using the currently approved version of the commission's application form (VWC Form No. 20).

C. The attachments to the application that are required of private sector applicants (financial reports, claims runs, application fee) are not required of public sector applicants.

D. No surety bond or excess insurance coverage will be required of public sector applicants.

E. Public sector applicants will be provided with a Certificate of Self-Insurance that is continuous in nature.

F. Approved public self-insurers are required to:

1. Meet their responsibilities under the Virginia Workers' Compensation Act.

2. Follow all other commission rules and regulations.

3. Provide annual payroll and operational reports as specified in 16VAC30-80-70 A of this chapter.

4. Respond to specific commission requests for information as specified in 16VAC30-80-70 E of this chapter.

5. Provide the assessments that are required under Chapters 10 (§ 65.2-1000 et seq.), 11 (§ 65.2-1100 et seq.), and 12 (§ 65.2-1200 et seq.) of Title 65.2 of the Code of Virginia and 16VAC30-80-100 of this chapter.

16 Va. Admin. Code § 30-80-90

Derived from VR405-20-01 § 9, eff. January 13, 1993.

Statutory Authority

§§ 65.2-201 and 65.2-801 of the Code of Virginia.