This bill proposes to amend Title 23, Chapter 6 of the Arizona Revised Statutes by adding Section 23-911, which introduces specific requirements for insurers and employers regarding zero estimated exposure policies in workers' compensation. Under the new provisions, if an insurer issues such a policy, it must include a signed statement from the applicant affirming the accuracy of their information and confirming they have no employees and an estimated exposure of zero. Additionally, employers providing construction services must notify each contracted entity of their zero estimated exposure status and retain relevant documentation for three years.

Furthermore, the bill mandates that any requested certificate of insurance for a construction-related workers' compensation policy with zero estimated exposure must include a specific statement to confirm the policy's status. The definition of a "zero estimated exposure policy" is also established, clarifying that it pertains to insurance obtained by employers reporting no estimated exposure. These regulations will apply to policies and related certificates entered into or prepared on or after July 1, 2027.

Statutes affected:
Introduced Version: 11-211, 11-212, 48-5105
Senate Engrossed Version: 11-211, 11-212, 48-5105
House Engrossed Version: 23-911
Chaptered Version: 23-911