Current through 2023-2024 Legislative Session Chapter 709
Section 34-9-137 - Considerations in employer's experience modification factorWhenever an experience modification factor is applied to the premium of an employer's policy of workers' compensation insurance, consideration shall be given to:
(1) Any amounts recovered by such employer or its insurer pursuant to Code Section 34-9-11.1, relating to rights of action against third parties and subrogation; and(2) Code Section 34-9-360, relating to reimbursements from the Subsequent Injury Trust Fund. In addition, the insurer shall not include in the computation of such factor any penalties which were incurred pursuant to this chapter by the actions of the insurer or its representative.