No corporation, company, association, person, or fund shall write
insurance under this Act without first having received from the OWCP a
certificate of authority to write such insurance. Any such certificate
issued by the Office, after application therefor in accordance with
these regulations, may authorize the applicant to write such insurance
in a limited territory as determined by the Office. Any such certificate
may be suspended or revoked by the Office prior to its expiration for
good cause shown, but no suspension or revocation shall affect the
liability of any carrier already incurred. Good cause shall include,
without limitation, the failure to maintain in such limited territory a
regular business office with full authority to act on all matters
falling within the Act, and the failure to promptly and properly perform
the carrier's responsibilities under the Act and these regulations, with
special emphasis upon lack of promptness in making payments when due,
upon failure to furnish appropriate medical care, and upon attempts to
offer to, or
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urge upon, claimants inequitable settlements. A hearing may be requested
by the aggrieved party and shall be held before the Director or his
representative prior to the taking of any adverse action under this
section.
