Current through Register Vol. 50, No. 11, November 20, 2024
Section I-1703 - Termination of Coverage by Insurance Carriers; Employer to Obtain New CoverageA. Any insurance carrier desiring to cancel or terminate an insurance policy before the expiration date stated in the policy shall be required to give 20 days prior notice thereof in writing to the Office of Workers' Compensation, the employer, and the Commissioner of Insurance.B. The employer whose policy has been canceled or terminated shall, on or before the twentieth day after receipt of the notice of cancellation or termination, file evidence with the Office of Workers' Compensation of having obtained other coverage in accordance with the Act. Failure on the part of the employer to file such evidence within 20 days shall be considered by the Office of Workers' Compensation as prima facie evidence of violation and subject the employer to the penalties prescribed under R.S. 23:1170 of the Act (effective July 1, 1989).La. Admin. Code tit. 40, § I-1703
Promulgated by the Department of Employment and Training, Office of Workers' Compensation, LR 17:960 (August 1991).AUTHORITY NOTE: Promulgated in accordance with R.S. 23:1168 of Act 938 of 1988 Regular Session.