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Workers Compensation Insurance
As stated in the Answer to Question 4 of these FAQs, there is a claims filing deadline of October 28, 2019, by which all claims against BIC and/or NCIC must be submitted to the SDR. However, claims for which proofs of claim have already been submitted to the receivership/SDR should not be resubmitted, unless it is solely to make the claim absolute (i.e., both non-contingent and liquidated in amount). No claim received by the SDR after the claims filing deadline, except those claims received directly by the Nevada Insurance Guaranty Association for workers' compensation claims of BIC, may share in a distribution of the Companies' assets. No claim that is not rendered absolute (i.e., both non-contingent and liquidated in amount), except those claims covered by the Nevada Insurance Guaranty Association, will produce estate liabilities and share in the Companies' assets. Further, claim determinations made by the SDR, as to previously submitted proofs of claim, are final claim determinations, and these prior claim determinations will not be reopened by the SDR. Approved workers' compensation claims will continue to be paid directly by the Nevada Insurance Guaranty Association or its successor, subject to eligibility and other exclusions to coverage. All workers' compensation claims against BIC should be submitted directly to the Nevada Insurance Guaranty Association (and not to the SDR of BIC) at the following address...

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