23-1006. Issuance of liability insurance by
state compensation fund


A. The state compensation fund may in its name make contracts of insurance to
include and cover the entire underlying liability of employers insured in the state
compensation fund so that such employers may be fully protected, not only for all
workers' compensation and occupational disease claims, but for all liability claims
whatsoever by employees or their dependents or heirs, including the cost of defending an
action.


B. The state compensation fund shall be authorized to make contracts of insurance
authorized under subsection A in the same manner and to the same extent as a mutual
casualty insurer governed under title 20.