New Mexico Business Closed Over Workers Comp Coverage Flap

Officials in New Mexico closed a San Juan County business for alleged non-compliance with the state’s workers compensation insurance coverage requirements.
 
According to New Mexico Business Weekly, a representative from the New Mexico Workers Compensation Administration, accompanied by New Mexico State Police, closed and locked the doors of Four-Four Inc, aka H&S Enterprises, dba Circle S. The company’s operations include pipeline work and convenience stores. (WCxKit)
State officials withthe Workers Compensation Administration compliance bureau said the company allowed its workers comp insurance to lapse as a result of non-payment of premiums in September 2009. This is the third time the company is out of compliance since 2007, according to state officials. The firm has five different business locations, and the lapse places a number of employees at risk, according to state officials. (WCxKit)
The WCA moved to close the business until such time as it acquires and provides proper workers comp insurance coverage

Author Robert Elliott,
 executive vice president, Amaxx Risks Solutions, Inc. has worked successfully for 20 years with many industries to reduce Workers’ Compensation costs, including airlines, healthcare, printing/publishing, pharmaceuticals, retail, hospitality and manufacturing.  Contact: Robert_Elliott@ReduceYourWorkersComp.com  or 860-553-6604.  
 
FREE IQ Test:   http://www.workerscompkit.com/intro/
WC Calculator:  http://www.LowerWC.com/calculator.php
TD Calculator:  http://www.LowerWC.com/transitional-duty-cost-calculator.php 

Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker or agent about workers' comp issues.
  
©2010 Amaxx Risk Solutions, Inc. All rights reserved under International Copyright Law. If you would like permission to reprint this material, contact
 Info@ReduceYourWorkersComp.com 

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