NOTICE OF HEARING

DOCKET NO. G2014-09
Proposed Amendments to 211 CMR 67.00 –

WORKERS’ COMPENSATION SELF-INSURANCE GROUPS           

Pursuant to Massachusetts General Laws Chapter 30A and the authority granted to the Commissioner of Insurance under Massachusetts General Laws Chapters 176D, a hearing will be held at the offices of the Division of Insurance (“Division”), 1000 Washington Street, Boston, MA  02118-6200 on February 6, 2015 at 10:00 AM.  The purpose of this hearing is to afford all interested persons an opportunity to provide oral and/or written comment regarding the proposed amendments to 211 CMR 67.00 pdf format of 211-67-redlined.pdf
, WORKERS’ COMPENSATION SELF-INSURANCE GROUPS. The proposed amendments to 211 CMR 67.00 will revise certain definitions; further define the types of investments Workers’ Compensation Self-Insurance Groups may invest in and acceptable forms of security; provide authority the Commissioner of Insurance, subject to certain conditions, to waive certain requirements relative to reinsurance purchased by Workers’ Compensation Self-Insurance Groups; and generally ensure that 211 CMR 67.00 is consistent with Massachusetts' insurance laws in this regard.

The proceedings concerning the promulgation of amendments to 211 CMR 67.00 shall be designated as Docket No. G2014-09.  Any person who wishes to provide oral comment concerning this regulation must file a Notice of Intent to Comment with the Docket Clerk no later than 4:00 PM on February 5, 2015.  Persons wishing to submit written comments may do so until the record of the hearing is closed.  All submissions must be sent to the Docket Clerk, Hearings and Appeals, Division of Insurance, 1000 Washington Street, Suite 810, Boston, MA  02118-6200, or by electronic mail to doidocket.mailbox@state.ma.us and must refer to Docket No. G2014-09 in the subject line.  Persons who do not file a Notice of Intent to Comment will be heard after those who notify the Division in advance of the hearing.   

A copy of the regulation with proposed amendments is available from the Division and also is posted on its website at: www.mass.gov/doi under the heading for “Regulatory Hearings”.  
 

                                                                                    ______________________________________

                                                                                    Gary D. Anderson

Dated:  December 18, 2014                                         Acting Commissioner of Insurance