Section 79.251 — Administration Of Assigned Risk Plan.
79.251 ADMINISTRATION OF ASSIGNED RISK PLAN. Subdivision 1. General duties of commissioner. (a)(1) The commissioner shall have all the usual powers and authorities necessary for the discharge of the commissioner’s duties under this section and may contract with individuals in discharge of those duties. The commissioner shall audit the reserves established (i) for individual cases […]
Section 79.252 — Assigned Risk Plan.
79.252 ASSIGNED RISK PLAN. Subdivision 1. Purpose. The purpose of the assigned risk plan is to provide workers’ compensation coverage to employers rejected by a licensed insurance company pursuant to subdivision 2. Subd. 2. Rejected risks. An insurer that refuses to write insurance for an employer shall furnish the employer a written notice of refusal. […]
Section 79.253 — Assigned Risk Safety Account.
79.253 ASSIGNED RISK SAFETY ACCOUNT. Subdivision 1. Creation of account. There is created the assigned risk safety account as a separate account in the special compensation fund in the state treasury. Income earned by funds in the account must be credited to the account. Principal and income of the account are annually appropriated to the […]