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Revising WC Class Codes on Audit

An insured received revised audits from their workers compensation carrier stating that the class codes used on policies three and four years ago were incorrect and the carrier was requesting additional premium. Can the insurer go back over three years from the policy expiration, revise the class codes, and collect premium?

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​127 South Peyton Street
Alexandria VA 22314
​phone: 800.221.7917
fax: 703.683.7556
email: info@iiaba.net

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