The Texas Workers’ Compensation Commission (TWCC) issued 62 Notices of Violation (NOVs) to insurance carriers on Nov. 9, 2004, for a total of $155,500 in penalties for late initial payments of Temporary Income Benefits (TIBs) to injured workers. The Commission also issued 45 NOVs to insurance carriers for a total of $7,626 in penalties for inaccurate reporting of electronic data. Both types of violations resulted from audits of initial TIBs payments electronically reported by the carriers during the four-week period of June 1 to June 30, 2004. The NOVs are part of a new enforcement strategy to ensure the prompt and timely initiation of income benefits to injured workers.
Topics Carriers Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
American Family to Acquire Bowhead Specialty in $1.2B Cash Deal
UBS Fined $125M by US Regulators for Money Laundering Violations
2,900 Required Condo Inspections Were Never Completed, Florida Report Finds
NYC Mayor Mamdani’s Rent Freeze Heaps Pressure on a Teetering CMBS Deal 


