Workers’ Compensation – Insurance – Premium Financing Company – Power of Attorney – Nonpayment -Request for Cancellation – Party Aggrieved
Diaz v. Smith An employer’s power of attorney gave a premium-financing company the authority to request cancellation of the employer’s workers’ compensation insurance policy if the employer failed to make its premium payments. Therefore, when the employer failed to make its premium payments and the financing company requested cancellation of the workers’ compensation policy, G.S. § 58-35-85 applied. Notice was properly sent to the employer by the financing company.
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Published: April 3, 2012
Time posted: 2:01 pm
Tags: Insurance, Nonpayment, Party Aggrieved, power of attorney, Premium Financing Company, Request for Cancellation, Workers’ Compensation






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