The Self-Insurers Council is a five-member body appointed by the Secretary of the Department of Workforce Development to assist and advise on the administration of the self-insurance program.
The 1913 Wisconsin Statutes contained a provision that allowed the Department to exempt employers from their duty to purchase worker's compensation insurance if the employer could demonstrate that they had the financial ability to pay all claims arising from injuries occurring in their workplace. This provision created the self-insurance program; and, subsequently the Self-Insurers Council.
The Council plays an instrumental role in ensuring that those employers applying for self-insurance are financially viable. The Council also monitors, in conjunction with the division, the financial status of employers that are in the self-insurance pool.