This bill proposes updates to the current statutes regarding the assigned risk plan for workers' compensation in Arizona. Under the current law, an employer who is refused coverage by two or more insurers must be placed in the assigned risk plan. The new language specifies that an employer may be excluded from this placement if certain factors are present when they submit their application. These factors include knowingly failing to meet health and safety requirements, not allowing access to records for audits, having outstanding premiums not in dispute, or making material misrepresentations on the application.
Additionally, the bill allows for an employer placed in the assigned risk plan to be removed from it, provided they meet the statutory requirements for securing workers' compensation coverage. This change aims to clarify the conditions under which employers can be excluded from the assigned risk plan and the process for their potential removal, thereby enhancing the regulatory framework governing workers' compensation in Arizona.
Statutes affected: Introduced Version: 23-1091
House Engrossed Version: 23-1091
Senate Engrossed Version: 23-1091
Chaptered Version: 23-1091