Legislation adopted in 1993, provided that the Fund would not be responsible for claims with accident dates after July 1, 1994.
Because of this law, the Insurance Department has seen a drastic reduction in claims over the last several years. Today, the Department manages approximately 3,700 active cases and has approximately 20 individuals who receive monthly awards from the fund. Claims paid from the fund total about $2.6 million each year. The Department has assumed a number of expenses related to insolvent employer cases. The fund also continues to remain liable for second-injury cases involving individuals with pre-existing impairments with accident dates prior to July 1, 1994.