Insurance companies to make report
Insurance companies that cover workers' compensation claims have to share information with the state insurance director when asked. The director can also look at the company's books and records, and question company employees under oath, to make sure the company has enough money and is charging fair prices.
287.350. Insurance companies to make report. — Every writing insurance for hereunder, or the liability of employers rejecting this chapter, shall report to the , in accordance with such rules as he may adopt, such as he may at any time require for the purpose of determining the of or the fairness, reasonableness and adequacy of its rates, and for such purposes the may inspect the books and records of such carriers and examine its officers, agents and servants .
(RSMo 1939 § 3719)
Prior revision: 1929 § 3329
Tap any gold-underlined word to see what it means.
Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.