Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
031 - BUREAU OF INSURANCE
Chapter 550 - CALCULATION OF PREMIUM FOR INTERSTATE WORKERS' COMPENSATION INSURANCE RISKS AND RATE FILING REQUIREMENTS
Section 031-550-6 - Penalties against employers

Current through 2024-13, March 27, 2024

It is a false representation within the meaning of 24-A M.R.S.A. §2178 for the employer to fail to make an accurate report of its Maine exposure to the insurer. For each violation of this section, subject to the limitations of 24-A M.R.S.A. §12-A(1), the Superintendent shall assess a civil penalty no less than three times any underpayment of premium resulting from the violation, and shall take whatever further enforcement action is warranted by the violation.

Disclaimer: These regulations may not be the most recent version. Maine may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.