Which of the following is an obligation of former self-insurers?

• A. Leasing of equipment
• B. Filing annual reports
• C. Training new hires
• D. None of the above

Answer: (B)

When a company stops being a self-insurer, there are still regulatory steps to wind down the program. The obligation to file annual reports remains because these reports document the closure of the self-insurance arrangement, ensure all claims and liabilities are properly accounted for, and keep the state’s records up to date about the former self-insurer’s status. This reporting helps prevent unresolved obligations from lingering in the system.

Leasing equipment and training new hires are normal business activities and are not specific obligations tied to the former self-insurer status. Therefore they aren’t the required duty in this context.