Ga. Comp. R. & Regs. 120-2-38-.02

Current through Rules and Regulations filed through October 29, 2024

Rule 120-2-38-.02 - Purpose

The purpose of this Regulation is:

(a) to approve a workers' Compensation insurance plan which will provide a method for the apportionment on a pro rata basis, among all Insurers writing insurance providing workers' compensation benefits, of any rejected workers' compensation application, including vendors who provide logging services to a named insured or covering an association of such vendors;

(b) to establish separate categories of risk rejected for: insufficient prior workers' compensation experience, factors other than workers' compensation loss experience, and poor workers' compensation experience;

(c) to provide for operating procedures to implement the Plan; and

(d) to authorize an Administrator to administer the workers compensation insurance plan approved in this Regulation.

Ga. Comp. R. & Regs. R. 120-2-38-.02

O.C.G.A. Secs. 33-2-9, 33-9-20, 33-9-21, 34-9-133.

Original Rule entitled "Purpose" was filed on December 1, 1983; effective January 1, 1984, as specified by the Agency.

Repealed: New Rule of same title adopted. F. Aug. 10, 1993; eff. Aug. 30, 1993.

Repealed: New Rule of same title adopted. F. Sept. 12, 1996; eff. Oct. 2, 1996.