LAC 40:I.1721. Tenure of Authority

A. Certificates of authority granting the privilege of being a self-insurer for workers' compensation purposes shall expire on July 1 of each year or two months after the annual report is due for fiscal year end filers. At the time of renewal, the self-insurer must furnish or have on file with the office, an acceptable financial statement for its current fiscal year and must fully comply with the law and the rules of this office. Certificates of approval for service companies must be renewed on an annual basis. Any information submitted by an employer in its application to become a self-insurer, or in its request for renewal of that authority, will be treated with strict confidence by the office. Any information submitted by a service company in its application for approval or in its request for renewal of that approval will be treated with strict confidence by the office except that the name, address, and status of an employer that is self-insured may be communicated effective September 1, 1991 pursuant to amendments to R.S. 23:1168(A)(4).