CA AB879

Group self-insurers must annually file an audited financial statement prepared by an independent certified public accountant with the division director.

Group self-insurers must annually file an actuarial certification of reserve adequacy by program year, performed by an independent actuary who is an associate or fellow of the Casualty Actuary Society or member of the American Academy of Actuaries.

Audited financial statements and actuarial certifications must be made available to the public, except that individually identifiable claimant information and individual member financial information shall not be disclosed.