Ga. Comp. R. & Regs. R. 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.
Notes
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