N.M. Admin. Code § 13.17.5.13

Current through Register Vol. 35, No. 22, November 19, 2024
Section 13.17.5.13 - TERMINATION OF EMPLOYEE LEASING ARRANGEMENT; RATING OF CLIENT

When any employee leasing arrangement terminates, all prior experience of the client's own direct workers and its previously leased workers shall be used in rating the client. Every rating organization and insurer shall make a reasonable effort, including a special audit if necessary, to obtain and verify the information necessary to calculate a rating based upon experience, where premium is sufficient to make such rating applicable.

N.M. Admin. Code § 13.17.5.13

9/6/91; Recompiled 11/30/01