2010 Georgia Code
TITLE 33 - INSURANCE
CHAPTER 41 - CAPTIVE INSURANCE COMPANIES
§ 33-41-20.1 - Membership of captive insurance companies in Georgia Insurers Insolvency Pool
O.C.G.A.
33-41-20.1 (2010)
33-41-20.1. Membership of captive insurance companies in Georgia Insurers Insolvency Pool
(a) On and after January 1, 2008, every association and industrial insured captive insurance company issuing workers' compensation insurance contracts shall become a member of the Georgia Insurers Insolvency Pool under Chapter 36 of this title as to workers' compensation only. Such captive insurance companies shall be liable for assessments pursuant to Code Section
33-36-7 and for all other obligations imposed pursuant to Chapter 36 of this title as to workers' compensation only.
(b) Except as provided for in Code Section
33-36-20, the Georgia Insurers Insolvency Pool shall not be liable for any claims incurred by any captive insurance company before January 1, 2008.
Graham Syfert - Jacksonville Lawyer