Large Deductibles, Posting Notices, Payroll Limitations, and Cancellation Updates in IRMI Workers Comp
This release of IRMI Workers Comp contains updated
material pertaining to large
deductibles,
state-specific posting notices, and payroll limitations for sole
proprietors, partners, executive officers, and limited liability company (LLC)
members along with revised state-specific
cancellation/nonrenewal information.
- The large deductible
programs discussion focuses on the advantages and disadvantages,
collateral requirements, program structure, state regulations, and insurer
requirements.
- For the month of July 2019, there were no changes that affected posting
notice requirements.
-
Rhode Island made a
change to its payroll limitation amounts that will be effective August 1,
2019.