Rule 4123-20-06 | Audits and inspections.
(A) At any time during the term of any marine industry fund insurance policy, and for a period of two years after the termination of any such policy, the bureau of workers' compensation has the right to make reasonable inspections of the insured's place of business, and any records, payrolls, books of account, ledgers, or contracts which reflect upon the payroll expenditures of the insured, or the allocation of such payroll expenditures to the appropriate classification codes.
(B) Refusal on the part of the insured to permit reasonable audits and inspections, or willful interference by the insured with the bureau carrying out any audit or inspection, is sufficient reason for cancellation of the marine industry fund coverage of the insured.
(C) If the findings of any audit or inspection reveal a discrepancy in the amount of premium paid by the insured for any period, the bureau has the right to adjust the account of the insured in accordance with the audit findings.
Last updated July 1, 2025 at 9:28 AM
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