Section 109-D. Notification of insolvency

Duties of chairman. Forthwith
  upon any carrier becoming an insolvent carrier,  the  superintendent  of
  insurance shall so notify the chairman, who shall immediately advise the
  superintendent  (a) of all claims for compensation pending or thereafter
  made against an employer insured by such insolvent  carrier  or  against
  such  insolvent  carrier;  (b)  of  all  unpaid or continuing awards and
  decisions made upon claims prior to or after the  date  of  such  notice
  from the superintendent; and (c) of all appeals from or applications for
  modification or rescission or review of such awards or decisions.