(1) A licensed insurer
must not refuse to —
(a)
issue a workers compensation policy to any employer; or
(b)
renew a workers compensation policy issued to an employer; or
(c)
provide a quote of the premium to be demanded for the issue or renewal of a
workers compensation policy.
Penalty for this subsection: a fine of
$10 000.
(2) A licensed insurer
is not required to comply with this section in a case where the employer has
failed to comply with a request by the insurer to provide information that the
insurer reasonably requires for the purposes of the issue or renewal of a
workers compensation policy or the provision of a quote of premium.
(3) The regulations
may specify the information that an insurer reasonably requires for the
purposes of the issue or renewal of a workers compensation policy or the
provision of a quote of premium.
(4) In the application
of this section to a specialised insurer, a reference to an employer is a
reference to an employer in the particular industry or class of business or
employer to which the insurance business of the specialised insurer is
limited.