The board found that appellant State Insurance Fund did not properly cancel the employer's insurance policy. We agree. Proper cancellation of the policy in question requires, inter alia, that a notice of cancellation be "served on the employer by delivering it to him or by sending it by mail, by certified or registered letter, return receipt requested" (Workers' Compensation Law, § 54, subd 5). And, "[f]or obvious reasons of public policy underlying the very structure...
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