R 408.41a
R 408.41a Termination of insurance.
Cite as Mich. Admin. Code R 408.41a
Rule 11a. A notice of termination of the liability of an insurance company on a
policy covering the risk of an employer under the act must be reported to the agency on
form WC-401, or its electronic equivalent, notice of termination of liability. A copy of
the notice must be mailed to the employer. If the employer is a partnership, the notice
must state the names and addresses of all the partners. If the employer is doing business
under an assumed name, the notice must state the assumed name and the names of all
parties doing business under the assumed name. If the employer is a corporation doing
business under a number of divisions, the notice must state the names of all the divisions
of the corporation. If a business changes names notice must be given stating both the new
and former names. Notice of termination of a policy which has expired shall not be
reported when the insurance carrier has accepted responsibility under a further or renewal
policy, except for an assured's name change.