What a self-insured group is
Business in related industries in Massachusetts may join together to form a self-insurance group (SIG) to satisfy the insurance requirement. Regulated by the Division of Insurance (DOI), SIGs may include:
- Public employers
- Non-profit groups, and
- Private employers in the same industry or trade association
On a quarterly basis, the DOI provides the Department of Industrial Accidents with a list of self-insurance groups in Massachusetts.