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.
R.I. Gen. Laws § 27-7.1-19
Midterm notice of cancellation
P.L. 1992, ch. 31, § 25.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.