Summary
The new language for Section R612-400-1 continues the existing requirements that policy and coverage information be submitted electronically and in accordance with standards established by the International Association of Industrial Accidents Boards and Commissions (IAIABC). However, the proposed language eliminates the option provided by the current rule which allows insurance carriers to submit such information directly to the Division. As a result of this change, insurance carriers will be required to use an agent authorized by the Division to submit the information.