The board is authorized, of its own motion or upon complaint filed with it, after notice of not less than ten days and a hearing thereon, to revoke any permit granted under Code Section 34-9-131 if an employer is ready, willing, and able to pay a premium at the rate prescribed by the Department of Insurance but it appears that the holder of such permit declines to accept and underwrite the risk assigned to it by the board or a bureau established and approved for rating purposes; or if it appears that the holder of any such permit fails and refuses to obey any valid order of the board or to pay any award entered against it by the board and not appealed from or affirmed on appeal; or if it appears that the holder of such permit is otherwise not qualified to carry on such business.
History. Code 1933, § 114-610, enacted by Ga. L. 1935, p. 146, § 1; Ga. L. 2019, p. 337, § 1-98/SB 132.
The 2019 amendment, effective July 1, 2019, substituted “Department of Insurance” for “Insurance Department” near the middle of this Code section.
Structure Georgia Code
Title 34 - Labor and Industrial Relations
Chapter 9 - Workers’ Compensation
Article 4 - Insurance of Compensation Liability Generally
§ 34-9-120. Employer’s Duty to Insure Payment of Compensation
§ 34-9-122.1. Workers’ Compensation Health Benefits Pilot Projects
§ 34-9-124.1. Optional Deductibles to Be Offered by Insurers
§ 34-9-127. Issuance by Board of Certificate of Self-Insurance; Review; Revocation
§ 34-9-128. Inspection of Place of Employment and Injury Records; Penalty for Noncompliance
§ 34-9-131. Insurer Permit Requirement; Claim Office Within State
§ 34-9-132. Grounds for Revocation of Insurance Carrier’s Permit
§ 34-9-134. Appeals From Decisions Under Code Sections 34-9-122 and 34-9-131 Through 34-9-133
§ 34-9-137. Considerations in Employer’s Experience Modification Factor
§ 34-9-138. Consideration of Employer’s Experience While Self-Insured