Assessment Recoupment Provision - Premium Tax Offset - (25% / Year)

Assessment History
        Authorized but not Called - None
        Last Assessment - 2003
        Maximum Assessment - 2% / Account (increase from 1% for all new insolvencies after 03/31/99)

        Assessments Authorized for 2003 - $14,626,350 (2%) in Workers' Comp levied 10/8/03

Accounts
        Workers Compensation:
                Lines included - 16
                2002 Premium in Account - $ 731,317,510
        All Other:

                Lines included - 1, 2.1, 2.2, 3, 4, 5.1, 5.2, 9, 11, 12, 17, 18, 

                19.1, 19.2, 19.3, 19.4, 21.1, 21.2, 22, 26, 27
                2002 Premium in Account - $ 5,420,791,650
 

Assessment Procedures

The Tennessee Insurance Guaranty Association assesses by Account.

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