View this article online: https://www.insurancejournal.com/magazines/mag-features/2017/02/20/441823.htm
The Texas Division of Workers’ Compensation (DWC) is offering a temporary grace period to those employers who have not met workers’ compensation reporting requirements in the past — allowing them to report between Feb. 1 and April 30 without any penalties.
Texas employers that non-subscribe, or do not provide workers’ compensation insurance, are required to submit two types of forms to the DWC: DWC Form-005, Employer Notice of No Coverage or Termination of Coverage and DWC Form-007, Employer’s Report of Non-covered Employee’s Occupational Injury or Disease.
Form-005 notifies DWC that an employer has opted out of the workers’ compensation system or terminated coverage.
Form-007 notifies DWC that an employer, with five or more employees, has experienced an on-the-job or workplace-related injury, illness or workplace fatality.
Employers who fail to file these forms on time may be subject to penalties.