In Georgia, every employer who has three (3) or more employees must carry workers’ compensation insurance.  However, it is important to keep in mind that, in some situations, the owner of a company is counted as an employee as well, so the owner of a company could only have two (2) employees and still be subject to the Act.  Failure to have workers’ compensation insurance can make a company and/or its owners personally liable for all the medical costs and  benefits to which the employee is entitled.  The company and/or its owners may also be subject to civil penalties of not less than $500 nor more than $5,000 per violation.