Update - NCCI Audit Noncompliance Charge Endorsement

 

Effective 1/1/2017 the National Council on Compensation Insurance approved a Workers Compensation policy endorsement where an insurance company can charge up to 2x the originally estimated premium when a policy holder is in non-compliance with an audit request. 
 
In addition, failure to cooperate with the audit may result in a cancellation of Workers Compensation coverage. Audit noncompliance will disqualify an employer from obtaining coverage from any insurance company until the outstanding audit is completed.
 
We realize these audits can be time consuming, our staff is available to assist with questions and audit preparation. 
 
Feel free to contact us should you need help.
 
Dan Zeiler
dan@zeiler.com
708.597.5900 x134

 

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