N.Y. Work. Comp. Law § 109-d

§ 109-d. Notification of insolvency. Duties of chairman. Forthwith\nupon any carrier becoming an insolvent carrier, the superintendent of\nfinancial services shall so notify the chairman, who shall immediately\nadvise the superintendent (a) of all claims for compensation pending or\nthereafter made against an employer insured by such insolvent carrier or\nagainst such insolvent carrier; (b) of all unpaid or continuing awards\nand decisions made upon claims prior to or after the date of such notice\nfrom the superintendent; and (c) of all appeals from or applications for\nmodification or rescission or review of such awards or decisions.\n