R.I. Gen. Laws § 27-7.1-19

Current through 2024 Public Law 44

Section 27-7.1-19 - Midterm notice of cancellation

Notwithstanding any general or special law to the contrary, a midterm notice of cancellation of a workers' compensation policy shall be effective only if based on one or more of the following reasons:

(1) nonpayment of premium;

(2) fraud or material misrepresentation affecting the policy or insured; and/or

(3) a substantial increase in the hazard insured against. Nothing in this section shall limit an insurer's right to refuse to renew a workers' compensation policy.

R.I. Gen. Laws § 27-7.1-19

P.L. 1992, ch. 31, § 25.