N.Y. Workers' Compensation Law § 109-d: Notification of insolvency

§ 109-d. Notification of insolvency. Duties of chairman. Forthwith

upon any carrier becoming an insolvent carrier, the superintendent of

financial services shall so notify the chairman, who shall immediately

advise the superintendent (a) of all claims for compensation pending or

thereafter made against an employer insured by such insolvent carrier or

against such insolvent carrier; (b) of all unpaid or continuing awards

and decisions made upon claims prior to or after the date of such notice

from the superintendent; and (c) of all appeals from or applications for

modification or rescission or review of such awards or decisions.