Form FIN468 Workers' Compensation Self-insurance Group (Sig) Notification Form - Texas

What Is Form FIN468?

This is a legal form that was released by the Texas Department of Insurance - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the FIN468 Workers' Compensation Self-insurance Group (Sig) Notification Form?
A: The FIN468 Workers' Compensation Self-insurance Group (Sig) Notification Form is a document used in Texas for notifying the state about a self-insurance group (SIG) for workers' compensation.

Q: Who needs to file the FIN468 Workers' Compensation Self-insurance Group (Sig) Notification Form?
A: Any organization in Texas that wants to become a self-insurance group (SIG) for workers' compensation needs to file the FIN468 form.

Q: What information is required in the FIN468 Workers' Compensation Self-insurance Group (Sig) Notification Form?
A: The FIN468 form requires information such as the name and contact details of the organization, the proposed effective date of the SIG, and the name of the administrative service organization (ASO) providing claims administration.

Q: Is there a deadline for filing the FIN468 Workers' Compensation Self-insurance Group (Sig) Notification Form?
A: Yes, there is a deadline for filing the FIN468 form. The form must be filed at least 60 days before the proposed effective date of the self-insurance group (SIG).

Q: What are the benefits of becoming a self-insurance group (SIG) for workers' compensation?
A: Becoming a self-insurance group (SIG) allows organizations to have more control over their workers' compensation program and potentially reduce costs.

Q: Are there any requirements or qualifications to become a self-insurance group (SIG) for workers' compensation?
A: Yes, there are requirements and qualifications that organizations need to meet in order to become a self-insurance group (SIG). These include having a good financial standing and meeting certain statutory requirements.

Q: Can a self-insurance group (SIG) for workers' compensation cover multiple employers?
A: Yes, a self-insurance group (SIG) can cover multiple employers as long as they are part of the same industry or association.

Q: What is an administrative service organization (ASO) in the context of workers' compensation?
A: An administrative service organization (ASO) is a third-party entity that provides claims administration services to self-insurance groups (SIGs) for workers' compensation.