Arizona Laws 23-963. Provisions of compensation insurance policy
Every policy of insurance covering the liability of the employer for workers’ compensation shall cover the entire liability of the employer to his employees covered by the policy or contract, and be deemed to contain the following provisions:
Terms Used In Arizona Laws 23-963
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
- Compensation: means the compensation and benefits provided by this chapter. See Arizona Laws 23-901
- Contract: A legal written agreement that becomes binding when signed.
- Insurance carrier: means every insurance carrier duly authorized by the director of the department of insurance and financial institutions to write workers' compensation or occupational disease compensation insurance in this state. See Arizona Laws 23-901
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
1. That as between the employee and the insurance carrier the notice to or knowledge of the occurrence of the injury on the part of the employer shall be deemed notice or knowledge of the insurance carrier.
2. That jurisdiction of the employer shall be jurisdiction of the insurance carrier.
3. That the insurance carrier shall be bound by and subject to the orders, findings, decisions and awards rendered against the employer for payment of compensation.
4. That the insolvency or bankruptcy of the employer and his discharge therein shall not relieve the insurance carrier or workers’ compensation pool from payment of compensation for injuries or death sustained by an employee during the life of the policy or contract.