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On or before September 1 of each year, the Director shall request that the Department of Insurance direct the designated licensed rating organization to provide the Director with a statement for each insurer authorized to transact workers' compensation insurance in the state of California showing the total payroll and premium generated by that insurer on policies subject to an experience modification of 1.25 or more for the most recent policy year available.
NOTE
Authority cited: Sections 54, 55 and 62.7, Labor Code. Reference: Section 62.7, Labor Code.
HISTORY
1. New section filed 9-6-94 as an emergency; operative 9-6-94 (Register 94, No. 36). A Certificate of Compliance must be transmitted to OAL by 1-4-95 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 9-6-94 order including amendment of section transmitted to OAL 12-30-94 and filed 2-15-95 (Register 95, No. 7).
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