Rules and Regulations Governing
Group Workers' Compensation Insurance Program

The rules governing the operations of the Attorneys and Accountants Association, Inc.'s (AAA, Inc.) group workers' compensation insurance program with the State Compensation Insurance Fund of California are as follows:

  1. Legal and Accounting firms may become members of the Attorneys and Accountants Association, Inc. Firms which meet the underwriting requirements of the group may participate in the workers' compensation insurance program sponsored through the State Compensation Insurance Fund.

  2. The State Compensation Insurance Fund provides the Association with two computations of dividends. A firm's dividend is calculated as if it were a non-group insuree to determine if an individual dividend has been earned. A second calculation is made on the basis of the group's premium and loss record. It is possible to earn a group dividend in addition to individual firm dividends.

  3. Any distribution of dividends to insured members shall be made on a modified "merit plan" basis. Distribution shall not be reduced or forfeited except for reasons set forth below:

    1. The organization reserves the right to take a percentage of any group dividend to cover reasonable expenses incurred for administration of the program, but will take no part of individual dividends.
    2. If at the time of dividend distribution to participating members, a participating member firm is delinquent in premium payments to the Attorneys and Accountants Association, Inc. insurance carrier, payment to such firm will be withheld pending payment of delinquent premiums due the AAA, Inc. insurance carrier. No dividend will be paid to a member for whom the Association has paid delinquent premiums.
    3. If a particular member firm is delinquent in the payment of membership dues to AAA, Inc. or to its Affiliate Association, payment to such member firm will be in the amount of refund on premium earned, less delinquent dues.
    4. Dividends payable to participants no longer a member of the Attorneys and Accountants Association, Inc. at time of distribution shall be made, less any applicable dues or other debts owed AAA, Inc. by such former member participants.
    5. Member firms not earning an individual dividend will not receive a bonus (group) dividend.
  4. Participation in the Association's group workers' compensation insurance program is at the discretion of the Association and/or the underwriter of said group program. Membership in the Association is not a guaranteed right to participate in the workers' compensation insurance program.