New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 17 - WORKERS' COMPENSATION INSURANCE
Part 5 - CLASSIFICATION AND RATING FOR EMPLOYERS AND LEASING CONTRACTORS
Section 13.17.5.13 - TERMINATION OF EMPLOYEE LEASING ARRANGEMENT; RATING OF CLIENT
Universal Citation: 13 NM Admin Code 13.17.5.13
Current through Register Vol. 35, No. 18, September 24, 2024
When any employee leasing arrangement terminates, all prior experience of the client's own direct workers and its previously leased workers shall be used in rating the client. Every rating organization and insurer shall make a reasonable effort, including a special audit if necessary, to obtain and verify the information necessary to calculate a rating based upon experience, where premium is sufficient to make such rating applicable.
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