1. (a) Factors used to determine an applicant's financial ability to pay compensation to its employees include:

   1. (1) Profit and loss history;
   2. (2) Profitability, solvency, debt and liquidity ratios;
   3. (3) Cash flow;
   4. (4) Ratio of net worth to annual workers' compensation losses.
   5. (5) Source and reliability of financial information;
   6. (6) Excess insurance coverage;
   7. (7) Number of employees;
   8. (8) Workers' compensation loss history;
   9. (9) Estimated manual premium; and
   10. (10) Other relevant factors as determined by the Commission.
2. (b) An Application for Individual Own Risk Employer Permit may be denied if the employer cannot demonstrate its ability to pay its compensation obligations.

Added at 31 Ok Reg 497, eff 2-4-14 (emergency)

Added at 32 Ok Reg 1493, eff 8-27-15