Workers' compensation insurers will be barred from canceling policies without giving adequate notice to regulators and employers if a bill approved this week by the South Carolina House of Representatives becomes law.
State law already places limits on cancellations of most types of insurance policies, but House Bill 3585 adds a section specifically about workers' comp.
“Cancellation of a workers' compensation insurance policy under this section is not effective unless written notice of cancellation is delivered or mailed to the South Carolina Workers' Compensation Comm...
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