109-e. Rights and duties of superintendent of financial services as administrator of the fund. The superintendent of financial services may designate or appoint a duly authorized representative or representatives to appear and defend an insured against a liability claim under the employer's liability portion of the standard New York workers' compensation and employer's liability insurance policy, and to appear and defend before the board any or all claims for compensation or benefits against an employer insured by an insolvent carrier or against such insolvent carrier. The superintendent of financial services shall have, as of the date of the insolvency of any carrier, only all the rights and duties which the insurance carrier would have had with respect to awards made or claims for compensation or benefits filed or pending, or pending liability claims, if it had not become insolvent. For the purposes of this article the superintendent shall have power to employ such counsel, clerks and assistants as may by him be deemed necessary, and to give each of such persons such powers to assist him as he may consider wise.
Last modified: February 3, 2019