ARTICLE 4.
North Carolina Self-Insurance Security Association.
Section
§97-136. Powers and duties of the Commissioner.
(a) The Commissioner shall:
- Notify the Association of the existence
of an insolvent member self-insurer not later than 30 days after
he receives notice of an insolvency pursuant to the standards
set forth in G.S. 97-135.
(b) The Commissioner may:
- Require that the Association notify the insureds of the insolvent
member self-insurer and any other interested parties of the insolvency
and of their rights under this Article. The notifications shall
be by mail at their last known addresses, where available; but
if required information for notification is not available, notice
by publication in a newspaper of general circulation in this State
shall be sufficient; and
- Revoke the designation of any servicing facility if the Commissioner finds
claims are being handled unsatisfactorily. (1985 (Reg. Sess.,
1986), c. 1013, s. 1; 2005.)
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N.C. Industrial Commission ·
4340 Mail Service Center ·
Raleigh, NC 27699-4340
Main Telephone: (919) 807-2500 ·
Fax: (919) 715-0282
NCIC Home Page: http://www.ic.nc.gov/