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When an insurance company issues a policy of insurance to an employer covering claims for injuries to employees that may arise within the scope of the employer’s business, the insurance company shall be estopped to deny liability on the grounds that the employment was not hazardous and during the period such insurance is in effect, claims for injuries occurring during such period by such employees against the employer or the insurance company shall be exclusively under the workers’ compensation act.

Added by Acts 1958, No. 495, §1.  Acts 1983, 1st Ex. Sess., No. 1, §6.