11 CAR § 25-103. Termination of coverage by insurance carrier — Employer to obtain new coverage
11 CAR § 25-103. Termination of coverage by insurance carrier — Employer to obtain new coverage.
(a)(1) Cancellation or termination by a carrier prior to the expiration date of any policy shall follow the statutory guidelines for cancellation as prescribed in Arkansas Code § 11-9-408(b).
(2) Cancellation of policies shall be reported to the National Council on Compensation Insurance in accordance with its reporting guidelines.
(b)(1) The employer whose policy has been canceled or terminated shall, on or before the thirtieth day after receiving notice of cancellation or termination, obtain other coverage in accordance with the law.
(2) Failure on the part of the employer to file such evidence within thirty (30) days shall:
(A) Be considered by the Workers’ Compensation Commission as prima facie evidence of violation of Arkansas Code § 11-9-401; and
(B) Subject the employer to the penalties prescribed under Arkansas Code § 11-9-406.
"(Effective October 21, 1993, revised effective January 1, 2006)"