|TO:||All Insurers Writing Workers Compensation Insurance in Massachusetts|
|FROM:||Julianne M. Bowler, Commissioner of Insurance|
|DATE:||December 27, 2004|
|RE:||Required Deposits to be Maintained by Foreign Insurers|
All companies with an AM Best rating of B++ or lower should continue to file the Massachusetts C-1 Form on April 1, 2005 and are not included in the new requirements.
Companies entitled to a return of deposits will be contacted by Ursula McCarthy (617-521-7391) during the first quarter of 2005 to arrange for the return of the securities.