Vermont

 

 

Management Service

Guaranty Fund Management Services

 President - Paul M. Gulko

Assessment Recoupment Provision - Rates & Premiums

Assessment History
	Authorized but not Called - None
	Last Assessment - 2003
	Maximum Assessment - 2% / Account
	Assessments Authorized for 2003:  
Account Assessment Refund
Auto $       20,000 $    (26,896)
Other $  2,175,000 $  (503,930)
WC $  2,854,717 $    (14,268)
Total $  5,049,717 $  (545,094)
   
Additional Assessment Liability Information (click here)
Accounts
	Workers Compensation:
		Lines included - 16
		2002 Premium in Account - $ 142,735,866
	Auto: 
		Lines included - 19.1, 19.2, 19.3, 19.4, 21.1, 21.2
		2002 Premium in Account - $ 348,903,123
	All Other:
		Lines included - 1, 2.1, 3, 4, 5.1, 5.2, 9, 11, 12, 17, 18, 22, 23, 25, 26, 27, and some 31
		2002 Premium in Account - $ 317,337,224

Assessment Procedures

Assessment base year is year prior to year of assessment for all insolvencies occurring on or after June 3, 1993.  For all insolvencies occurring before June 3, 1993, assessment base year is year prior to year of insolvency. 

Assess by insolvency by account. 

Details of 2003 assessment as listed above

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