NY Work Comp L § 106 (2021)
2021 New York Laws WKC - Workers' Compensation Article 6-A - Workers' Compensation Security Fund 106 - Consolidation of Funds; Definitions.

§  106. Consolidation of funds; definitions. On and after March first,   nineteen hundred ninety, the stock workers' compensation  security  fund   and  the  mutual  workers' compensation security fund heretofore created   are hereby consolidated into a single fund to be known as the  "workers'   compensation   security  fund".  All  assets,  liabilities,  rights  and   obligations of the stock workers' compensation  security  fund  and  the   mutual  workers'  compensation  security fund are hereby transferred and   assigned to and assumed by and devolved upon the  workers'  compensation   security  fund  and shall continue to be assets, liabilities, rights and   obligations of such fund without diminution or impairment.  As  used  in   this article, unless the context or subject matter otherwise require;"Fund" means the workers' compensation security fund."Fund year" means the calendar year."Stock  carrier"  means  any stock corporation other than an insolvent   carrier, authorized to transact the business of  workmen's  compensation   insurance in this state."Mutual  carrier"  means any mutual corporation or reciprocal insurer,   other than an insolvent carrier, authorized to transact the business  of   workmen's compensation insurance in this state."Nonprofit  property/casualty  insurance  company"  means  a nonprofit   property/casualty insurance company as defined in paragraph  fifty-three   of subsection (a) of section one hundred seven of the insurance law."Reciprocal  insurer"  means  any  reciprocal  insurer  authorized  to   transact the business of workmen's compensation insurance in this  state   and  such  reciprocal  insurer  shall  be  deemed to be a mutual carrier   within the intent of the several provisions of this article."Carrier" means a stock or mutual corporation or a reciprocal  insurer   or  a nonprofit property/casualty insurance company, if such corporation   or  insurer  is  authorized  to  transact  the  business   of   workers'   compensation  insurance  in this state, including but not limited to the   issuance of an assumption of workers' compensation  liability  insurance   policy,  but  not  including  any  such  corporation or insurer which is   insolvent."Insolvent  carrier"  means  a  carrier  as  to  which  an  order   of   rehabilitation  or  of  liquidation,  or,  if  such carrier be a foreign   insurer, as to which an order for conservation of its assets within  the   state,  shall  have  been  made after the effective date of this article   pursuant to article seventy-four of the  insurance  law,  or  a  foreign   carrier which withdraws from or discontinues operation in this state and   fails  to meet payments due on awards made, but not including a carrier,   whether  a  domestic  or  foreign  insurer,  which  shall  have   become   rehabilitated   and   allowed   to   resume   business  after  any  such   rehabilitation or conservation of assets and meets  its  obligations  as   they mature."Employer"  includes  any  political  subdivision  liable for benefits   pursuant to the volunteer firefighters' benefit law."Employment" includes the service of a volunteer firefighter for which   a political subdivision is liable for benefits pursuant to the volunteer   firefighters' benefit law."Workers' compensation" and "compensation"  include  the  benefits  in   relation  to  volunteer  firefighters  and  volunteer  ambulance workers   pursuant to the volunteer firefighters' benefit law  and  the  volunteer   ambulance workers' benefit law and benefits in relation to longshore and   harbor   workers   pursuant   to   the  longshore  and  harbor  workers'   compensation act, United States Code, Title  33,  Sections  901  through   950."This  chapter"  includes  the volunteer firefighters' benefit law and   the volunteer ambulance workers' benefit  law;  and  the  longshore  and    harbor workers' compensation act, United States Code, Title 33, Sections   901  through  950;  except when such a meaning is inconsistent with this   article.