TITLE 27
Insurance

CHAPTER 27-7.1
Workers' Compensation Insurance

SECTION 27-7.1-19


§ 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.

History of Section.
(P.L. 1992, ch. 31, § 25.)