Section 79A.22 — Commercial Self-insurance Group Operating Requirements.
79A.22 COMMERCIAL SELF-INSURANCE GROUP OPERATING REQUIREMENTS. Subdivision 1. Board of directors. (a) A commercial self-insurance group shall elect a board of directors who shall have complete authority over and control of the assets of the commercial self-insurance group. The board of directors will also be responsible for all of the operations of the commercial self-insurance […]
Section 79A.23 — Commercial Self-insurance Group Reporting Requirements.
79A.23 COMMERCIAL SELF-INSURANCE GROUP REPORTING REQUIREMENTS. Subdivision 1. Required reports to commissioner. Each commercial self-insurance group shall submit the following documents to the commissioner. (a) An annual report shall be submitted by April 1 showing the incurred losses, paid and unpaid, specifying indemnity and medical losses by classification, payroll by classification, and current estimated outstanding […]
Section 79A.19 — Commercial Self-insurance Groups; Definitions.
79A.19 COMMERCIAL SELF-INSURANCE GROUPS; DEFINITIONS. Subdivision 1. Scope. For the purposes of sections 79A.19 to 79A.32, the terms defined in this section have the meanings given them. If there is any inconsistency between this section and section 79A.01, the provisions of this section shall govern. Subd. 2. Accountant. “Accountant” means a certified public accountant who […]
Section 79A.20 — Eligibility Requirements For Commercial Self-insurance Groups.
79A.20 ELIGIBILITY REQUIREMENTS FOR COMMERCIAL SELF-INSURANCE GROUPS. Subdivision 1. Group eligibility. A commercial self-insurance group consists of two or more employers in similar industries. The commercial self-insurance group shall not incorporate or form a business trust pursuant to chapter 318. Subd. 2. Membership eligibility. A commercial self-insurance group may only admit employers who meet the […]