* § 28-a. Duty to provide insurance for licensed boxers and
professional wrestlers. 1. All persons, parties or corporations having
licenses as promoters or who are licensed in accordance with section
28-b of this act shall continuously provide insurance for the protection
of licensed boxers and professional wrestlers, appearing in boxing bouts
or wrestling exhibitions. Such insurance coverage shall provide for
reimbursement to the licensed athlete for medical, surgical and hospital
care, with a minimum limit of seven thousand five hundred dollars for
injuries sustained while participating in any program operated under the
control of such licensed promoter and for a payment of one hundred
thousand dollars to the estate of any deceased athlete where such death
is occasioned by injuries received in this state during the course of a
program in which such licensed athlete or professional wrestler
participated under the promotion or control of any licensed promoter.
The commission may from time to time, in its discretion, increase the
amount of such minimum limits.

2. The failure to provide such insurance as is required by subdivision
one of this section shall be cause for the suspension or the revocation
of the license of such defaulting promoter.

* NB Repealed September 1, 2016