099.00.05 Ark. Code R. 002

Current through Register Vol. 49, No. 10, October, 2024

Rule 099.00.05-002 - Rule 099.04: Termination of Coverage by Insurance Carrier - Employer to Obtain New Coverage

Cancellation or termination by a carrier prior to the expiration date of any policy shall follow the statutory guidelines for cancellation as prescribed in A.C.A. 11-9-408(b). Cancellation of policies shall be reported to the National Council on Compensation Insurance in accordance with its reporting guidelines.

The employer whose policy has been canceled or terminated shall, on or before the 30^th day after receiving notice of cancellation or termination, obtain other coverage in accordance with the law. Failure on the part of the employer to file such evidence within 30 days shall be considered by the Arkansas Workers' Compensation Commission as prima facie evidence of violation of A.C.A. 11-9-401 and subject the employer to the penalties prescribed under A.C.A. 11-9-406 et seq. (Effective October 21, 1993, revised effective January 1, 2006)

12/14/2005