North Carolina Self Insurance Guaranty Association

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Mission: The association was established in 1986 by the north carolina general assembly and is authorized under article 4, chapter 97 of the north carolina general statutes and is a tax exempt unincorporated legal entity that provides the mechanism for the payment of workers' compensation claims against insolvent member self-insurers. Individual member self-insurers reported outstanding liabilities of approx. $343,873,000 for purposes of the 2017-2018 association aggregate security system (aass). Member self-insurers are defined by north carolina law as individual employers or groups of two or more employers that have pooled their liabilities under applicable insurance law and have been licensed by the north carolina department of insurance. All licensed individual and group self-insurers must demonstrate the requisite financial strength to secure their respective workers' compensation obligations and are required by statute to be members of the association. Individual self-insurers must partic

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