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UEF Warns Against Reducing Cancellation Time

Wednesday, December 1, 2010 | 0

By Michael Whiteley, Eastern Bureau ChiefThe South Carolina Uninsured Employers' Fund and some small businesses are warning that a push by workers' compensation carriers to reduce the time they must wait before canceling policies for late payments may leave the state's workers unprotected.The state Workers' Compensation Commission held a public hearing Monday on a request by the Property Casualty Insurers Association of America (PCI) to allow the cancellation of policies 10 days after the National Council of Compensation Insurance (NCCI) has been notified a premium payment has ...

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