INDUSTRIAL COMMISSION OF ARIZONA WORKERS' COMPENSATION LIABILITY FORM
1. 2. NAME OF SELF-INSURER: ________________________________________________________ SECURITY DEPOSIT CALCULATION (Number of Claims, Incurred Liability and Paid amounts must be calculated from the Effective Date of Self-Insurance Authority to the present date):
A
Total Amount of Open Claims
B
Incurred Medical
C
Paid Medical
D
Total Medical Owed (B C = D)
E
Incurred Comp.
F
Paid Comp.
G
Total Comp. Owed (E F = G)
H
TOTAL ALL CLAIMS (D + G = H)
Total Owed from Column H: Excess insurance reimbursement amount expected: Net remaining liability: Multiply by 125%: Calculated Security Deposit: (minimum security deposit $100,000.00)
$_______________ $_______________ $_______________ $_______________ $_______________
3. Name of Excess Insurance Carriers providing reimbursement: (provide detailed report with carrier name, SIR amount, claimant names, DOI and claim number, reimbursement amount requested)
(List the Policy Year(s) of Reimbursement taken) _________________________________________________
I, ____________________________ attest that there is no affiliate relationship between the selfinsurer and the excess insurance carrier and to the truthfulness of the above information.
4. .
EMPLOYEE COUNT
Total Employee Count from prior anniversary date to current (include all full & part time employees that worked regardless of whether or not they are still employed.) Explain decrease on separate cover. _____________________________________ Self-Insurers Authorized Representative Signature: ____________________________________________
Printed Name/Title: ____________________________________________
DATE: _____________________
Workers' Comp Liability Form
* Must be signed by Designated Officer