Missouri Code of State Regulations
Title 20 - DEPARTMENT OF COMMERCE AND INSURANCE
Division 500 - Property and Casualty
Chapter 6 - Workers' Compensation and Employers' Liability
Section 20 CSR 500-6.100 - Policy and Endorsement Forms
Current through Register Vol. 49, No. 6, March 15, 2024
PURPOSE: This amendment streamlines language, removes an unnecessary countersignature requirement, and updates statutory authority.
(1) All insurers issuing Workers' Compensation and employers' liability policies in this state shall:
(2) It is not permissible for a company to issue group Workers' Compensation and employers' liability policies.
(3) It is not permissible for a company to issue both participating and nonparticipating policies of Workers' Compensation insurance.
(4) For those companies issuing participating policies, neither the company nor its insurance producers shall guarantee or promise to a policyholder or prospective policyholder any amount or percentage of dividends to be paid.
*Original authority: 287.310, RSMo 1939, amended 1992 and 374.045, RSMo 1967, amended 1993, 1995.