The Texas Department of Insurance, Division of Workers’ Compensation (DWC) said it has adopted a new form: DWC Form-033, Request to Reduce Income Benefits Due to Contribution (DWC Form-033), effective immediately.
The DWC said the adoption of the form is necessary to allow insurance carriers a way to reduce the amount of income benefits they pay to an injured employee if there was a past work- related injury to the same body part or parts.
Insurance carriers are to use the adopted form on or after June 13, 2022. The form is on the TDI website.
Source: DWC
Was this article valuable?
Here are more articles you may enjoy.
AIG to Pay Neal $2.7 Million to Cover Previous Firm’s Bonus 
Insurance IPOs Hit 20-Year High on Wall Street 
Homesellers Pull Listings Off Market as Interest Fades 
More Federal Legislation Introduced to Tackle Third-Party Lit Funding 
