§ 4a-1. The Self-Insurers Advisory Board is hereby established within the Commission for
the purpose of providing for the continuation of workers' compensation and occupational
disease benefits due and unpaid or interrupted due to the inability of an insolvent
self-insurer as defined in subsection (d) of Section 4a-2 to meet its compensation
obligations when the employers' financial resources, security deposit, guaranty agreements,
surety agreements and excess insurance are either inadequate or not immediately accessible
for the payment of benefits, and to review and recommend to the Chairman of the Commission
the disposition of all initial and renewal applications to self-insure filed by private
self-insurers under this Act and the Workers' Occupational Diseases Act. 1
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