The purpose of the association shall be to provide a market for workers' compensation insurance on a self-supporting basis.
The association shall not be established nor begin underwriting operations until the commissioner, after due hearing and investigation, has determined that workers' compensation insurance is not readily available. A determination that such insurance is not readily available shall be necessary before the association begins operations.
Upon such determination, the association shall be authorized to issue policies of workers' compensation insurance.
If the commissioner determines at any time that workers' compensation insurance can be made readily available in the voluntary market, the association shall then cease its underwriting operations for such workers' compensation insurance that has been determined to be available in the voluntary market.
The Commissioner of Insurance is authorized to promulgate rules and regulations to effectuate the purposes of this section, to include levying assessments, if necessary, to provide funding for start-up and administrative expenses.
Structure Mississippi Code
Chapter 3 - Workers' Compensation
§ 71-3-9. Exclusiveness of liability
§ 71-3-9. Exclusiveness of liability
§ 71-3-17. Compensation for disability
§ 71-3-19. Maintenance while undergoing vocational rehabilitation
§ 71-3-21. Temporary partial disability
§ 71-3-25. Compensation for death
§ 71-3-29. Compromise, commutation, and lump sum payments
§ 71-3-31. Determination of wages
§ 71-3-33. Guardian for minor or incompetent
§ 71-3-38. Special workers' compensation account for payment
§ 71-3-39. Recording and reporting of payments
§ 71-3-43. Assignment and exemption from claims of creditors
§ 71-3-45. Compensation a lien against assets
§ 71-3-47. Determination for claims for compensation
§ 71-3-51. Court review of compensation award
§ 71-3-53. Continuing jurisdiction of the commission
§ 71-3-57. Witnesses and their fees
§ 71-3-63. Fees for legal and other services
§ 71-3-65. Record of injury or death
§ 71-3-66. Confidentiality of records
§ 71-3-67. Reports of injuries
§ 71-3-69. Penalty for misrepresentation
§ 71-3-71. Compensation for injuries where third parties are liable
§ 71-3-73. Second Injury Trust Fund
§ 71-3-77. Insurance policy regulations
§ 71-3-79. Acceptance of premium by carrier and estoppel
§ 71-3-85. Workers' compensation commission
§ 71-3-93. Administrative staff
§ 71-3-101. Registration of insurance companies
§ 71-3-107. Compensation and death benefits for minors illegally employed
§ 71-3-123. Report of commissioner on assigned risk plan and safety programs
§ 71-3-125. Workers' compensation claims offices; provision of same services by contract; waiver