New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 17 - WORKERS' COMPENSATION INSURANCE
Part 5 - CLASSIFICATION AND RATING FOR EMPLOYERS AND LEASING CONTRACTORS
Section 13.17.5.11 - COVERAGE OF LEASED WORKERS IN THE ASSIGNED RISK POOL

Universal Citation: 13 NM Admin Code 13.17.5.11

Current through Register Vol. 35, No. 18, September 24, 2024

A. In the assigned risk pool, a leasing contractor shall obtain or cause to be obtained workers' compensation coverage for leased workers through individual policies issued to and in the name of each client for whom the leased workers work.

B. The assigned risk pool shall cooperate in facilitating the joint administration of workers' compensation policies covering all workers leased by a single leasing contractor. Such cooperation may include assignment of all client policies to a single servicing carrier, a common effective date for all client policies if the leasing contractor so requests, and joint auditing.

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