HRS §431:14-116.5
Rules for placing employers in the assigned risk pool
This section says that no employer can be put into the assigned risk pool for workers' compensation insurance unless the pool's experience rating plan meets certain standards. The plan must have fair eligibility rules, encourage safety, and prevent employers from dodging past claim costs by changing ownership or management.
employers
The statute, as written — Assigned risk pool; experience rating plan
No employer shall be placed in an assigned risk pool for workers' compensation insurance that does not utilize an experience rating plan that includes: (1) Reasonable eligibility standards; (2) Incentives for loss prevention; (3) Sufficient premium differentials to encourage safety; and (4) Provisions for reasonable and equitable limitations on the ability of policyholders to avoid the impact of past adverse claims experience through change of ownership, control, management, or operation.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.