1,722 Let Comp Coverage Lapse: ; Brickstreet Issues Notices to Businesses That Failed to Pay Premiums
Charleston Daily Mail › January 10, 2007
Linked as:
Summary
BrickStreet Mutual Insurance Co. said it cancelled 1,722 workers' compensation insurance policies on Jan. 1 for nonpayment of policy premiums.
The premiums were for the period beginning Jan. 1 and were due on Dec. 8, BrickStreet spokesman Andy Wessels said. The terms of the cancelled policies were for varying lengths of time because BrickStreet is putting staggered premium terms in place this year.See the full content of this document
Extract
1,722 Let Comp Coverage Lapse: ; Brickstreet Issues Notices to Businesses That Failed to Pay Premiums
Wessels said the cancelled policies represented about $5.4 million in premiums.
"These employers are now uninsured," Wessels said.Employers are in violation of state law if they operate without workers' compensation insurance. Their accounts are transferred to the Uninsured Fund. Uninsured employers can be held personal...See the full content of this document
Sponsored links
