A Safety Net for Injured Workers

The Workers’ Compensation Security Fund (“WCSF”) was created pursuant to N.J.S.A. 34:15–103 et seq. This statute establishes a pool of money to pay claims of insolvent workers’ compensation insurance carriers arising from coverage of risks located or resident in New Jersey. Carriers authorized to transact the business of workers’ compensation insurance in this State contribute to the WCSF.