ARE AGENTS ALLOWED TO ISSUE CERTIFICATES OF INSURANCE IN THE MWCARP?
Insurance agencies are not authorized to issue a Certificate of Insurance on behalf of the MWCARP in Minnesota. This activity is not in compliance with the operation of the MWCARP. On page 4 of the Application for Workers’ Compensation Insurance, number 7, under Application Rules and Procedures, it states: “Agents are not agents of the Assigned Risk Plan and cannot issue certificates of insurance or bind coverage”. Your agency should request any Certificate that is needed for policies written through the MWCARP from the servicing carrier to whom the coverage has been assigned. These Certificates must be issued by the servicing carrier. back to top Q. WHAT IF THE RENEWAL PREMIUM IS NOT RECEIVED BY THE SERVICING CARRIER BY THE EFFECTIVE DATE? The Servicing Carrier will not issue the renewal policy if the renewal premium down payment is not received by the renewal policy’s effective date. However, the Servicing Carrier will make an exception if the renewal premium down payment is postmark
