Texas Administrative Code
Title 28 - INSURANCE
Part 2 - TEXAS DEPARTMENT OF INSURANCE, DIVISION OF WORKERS' COMPENSATION
Chapter 147 - DISPUTE RESOLUTION-AGREEMENTS, SETTLEMENTS, COMMUTATIONS
Section 147.5 - Settlements: Requirements, Effective Dates, and Informal Settlement Conferences
Universal Citation: 28 TX Admin Code ยง 147.5
Current through Reg. 49, No. 38; September 20, 2024
(a) A settlement must be sent to the division.
(b) The division may approve or reject it before the 16th day after the date the settlement is submitted to the division.
(c) A settlement must:
(1) establish that the
insurance carrier is liable for the claim;
(2) establish that the claim is compensable;
(3) establish that the employee is
entitled to benefits;
(4)
incorporate by reference all prior oral and written agreements between the
parties; and
(5) state that a final
resolution has been reached on all issues in the claim, and that the parties
waive their rights to subsequent division proceedings, other than those
necessary to resolve medical benefit disputes or to enforce compliance with the
terms of the settlement.
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