Do self-insuring PEOs provide securitization for PEO clients?
5A. PEOs, currently granted the privilege of self-insurance by the BWC administrator, are not required to provide a form of securitization for the PEO registration and certification process. The securitization provided to BWC when granted the privilege of self-insurance will be used to meet the PEO securitization requirement. If the self-insuring PEO loses that privilege and/or decides to return to the state fund, the PEO must provide the appropriate form of securitization based on the state-fund policy.
