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NCRB Files Revised Carrier Designation Form

21 Jul, 2010 WorkersCompensation.com

                               
Raleigh, NC (CompNewsNetwork) - The North Carolina Rate Bureau recently filed and the North Carolina Commissioner of Insurance has approved a revised form (WC 32 06 01A). This form remains OPTIONAL, and may be used by all member companies effective 7/15/2010.
 
The revision to this form was made in order to allow a carrier to designate on the policy a 3rd party to be notified in the event of cancellation or non-renewal. This form should continue to be used in conjunction with the already approved and required form WC 32 03 01B.
 
No additional action needs to be taken by the carrier in order to use this form as filed. No rate change is associated with this form. This form is not available for use with Assigned Risk policies.

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