Sec. 31-284-10. Excess insurance.
(a) Excess insurance shall be maintained by each self-insurer unless waived by the Chairman or his designee.
(b) Excess insurance shall be issued by an insurance carrier permitted to write workers' compensation insurance in the State of Connecticut. The Chairman shall approve the issuing carrier, coverage language, upper limits, and retained amounts of the policy. Thirty (30) days advance notice to the Chairman or his designee is required for cancellation.
(c) Failure to maintain said coverage will be grounds for automatic revocation of a self-insurance certificate.
(Effective October 1, 1996)
NOTE: See also Administrative Regulation Section 31-279-1, Claims Administration