56-5-323 - Workers' compensation insurer's obligation to furnish loss run history to insured. - Tennessee Statutes

State Codes and Statutes

Statutes > Tennessee > Title-56 > Chapter-5 > Part-3 > 56-5-323

56-5-323. Workers' compensation insurer's obligation to furnish loss run history to insured.

All commercial lines insurance insurers shall, within thirty (30) days of a written request from an insured or the insured's designee, furnish to that insured or insured's designee a copy of the insured's three-year loss run history for the prior three (3) years, or complete loss run history with the insurer if the history is less than three (3) years. If the insurer fails to provide the requested information within the time allowed in this section, the failure shall be a violation of Unfair Competition and Deceptive Acts, compiled in chapter 8, part 1, of this title, and any requestor may seek enforcement and any remedies allowed pursuant to that chapter. Notwithstanding any other provision of this part to the contrary, no insurer shall charge any fees to prepare and furnish one (1) three-year loss run history. However, if the insurer provides the loss run history to the insured or insured's designee via electronic means, then the insurer may charge a reasonable fee to provide a hard copy of the same report.

[Acts 2003, ch. 359, § 14; 2005, ch. 165, § 1.]

State Codes and Statutes

Statutes > Tennessee > Title-56 > Chapter-5 > Part-3 > 56-5-323

56-5-323. Workers' compensation insurer's obligation to furnish loss run history to insured.

All commercial lines insurance insurers shall, within thirty (30) days of a written request from an insured or the insured's designee, furnish to that insured or insured's designee a copy of the insured's three-year loss run history for the prior three (3) years, or complete loss run history with the insurer if the history is less than three (3) years. If the insurer fails to provide the requested information within the time allowed in this section, the failure shall be a violation of Unfair Competition and Deceptive Acts, compiled in chapter 8, part 1, of this title, and any requestor may seek enforcement and any remedies allowed pursuant to that chapter. Notwithstanding any other provision of this part to the contrary, no insurer shall charge any fees to prepare and furnish one (1) three-year loss run history. However, if the insurer provides the loss run history to the insured or insured's designee via electronic means, then the insurer may charge a reasonable fee to provide a hard copy of the same report.

[Acts 2003, ch. 359, § 14; 2005, ch. 165, § 1.]

State Codes and Statutes

Back To Homepage

State Codes and Statutes

Statutes > Tennessee > Title-56 > Chapter-5 > Part-3 > 56-5-323

56-5-323. Workers' compensation insurer's obligation to furnish loss run history to insured.

All commercial lines insurance insurers shall, within thirty (30) days of a written request from an insured or the insured's designee, furnish to that insured or insured's designee a copy of the insured's three-year loss run history for the prior three (3) years, or complete loss run history with the insurer if the history is less than three (3) years. If the insurer fails to provide the requested information within the time allowed in this section, the failure shall be a violation of Unfair Competition and Deceptive Acts, compiled in chapter 8, part 1, of this title, and any requestor may seek enforcement and any remedies allowed pursuant to that chapter. Notwithstanding any other provision of this part to the contrary, no insurer shall charge any fees to prepare and furnish one (1) three-year loss run history. However, if the insurer provides the loss run history to the insured or insured's designee via electronic means, then the insurer may charge a reasonable fee to provide a hard copy of the same report.

[Acts 2003, ch. 359, § 14; 2005, ch. 165, § 1.]