Workers Comp rates are on the rise.
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The Texas Department of Insurance - Division of Workers' Compensation (TDI-DWC) recently revised forms that nonsubscribers are required to file with the state. One of these forms, The Employer Notice of No Coverage or Termination of Coverage, more commonly known as the DWC005, is a dual purpose form that employers must utilize to report their nonsubscriber status when they elect to become a nonsubscriber and each year they continue to operate as a Texas nonsubscriber.