Compilation of Rules and Regulations of the State of Georgia
Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER
Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE
Subject 120-2-38 - GEORGIA WORKERS' COMPENSATION ASSIGNED RISK INSURANCE PLAN
Rule 120-2-38-.07 - Participation in Plan
Current through Rules and Regulations filed through March 20, 2024
(1) Every Carrier authorized to write insurance providing workers' compensation benefits in the State of Georgia, which has not been statutorily exempted in Titles 33 or 34 of the Official Code of Georgia Annotated, shall fully participate in the Plan and comply with all rules, procedures and guidelines of the Administrator as a condition of the Carrier's authority to transact insurance in the State of Georgia. This shall include any employers' liability insurance written in connection with worker's compensation benefits.
(2) All assignments under this plan are to be made on an intrastate basis. Distribution of assignments among the Carriers in the State of Georgia shall be made in proportion to each Carrier's share of the total net direct workers' compensation and employers' liability premium in such state, so far as practicable.
O.C.G.A. Secs. 33-2-9, 33-9-20, 33-9-21, 34-9-133.
