Once a self-insurer has initiated a self-insurance program, the Certificate to Self-Insure is valid until revoked by whom?

Once a self-insurer has initiated a self-insurance program, the Certificate to Self-Insure is valid until revoked by whom?

• A. Irrevocable in CA.
• B. Valid for other jurisdictions.
• C. Valid until revoked by the Director.
• D. Renewed annually by the Director.

Answer: (C)

The main idea is that the Certificate to Self-Insure is a regulatory credential issued by the Director and remains in effect as long as the Director does not revoke it. The Director has authority to revoke the certificate if the self-insurer fails to meet financial requirements, misrepresents information, or otherwise does not comply with the state’s rules for self-insurance. Because the certificate is granted by the state regulator, it isn’t irrevocable by itself, it isn’t valid in other jurisdictions, and it isn’t simply renewed on an annual basis by default. The self-insurance status continues until the Director takes action to revoke it.

The main idea is that the Certificate to Self-Insure is a regulatory credential issued by the Director and remains in effect as long as the Director does not revoke it. The Director has authority to revoke the certificate if the self-insurer fails to meet financial requirements, misrepresents information, or otherwise does not comply with the state’s rules for self-insurance. Because the certificate is granted by the state regulator, it isn’t irrevocable by itself, it isn’t valid in other jurisdictions, and it isn’t simply renewed on an annual basis by default. The self-insurance status continues until the Director takes action to revoke it.