Form FIN470 Texas Workers' Compensation Self-insurance Group (Sig) Merger Checklist - Texas

What Is Form FIN470?

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 FIN470?
A: FIN470 is the form for the Texas Workers' Compensation Self-insurance Group (SIG) Merger Checklist.

Q: What is a Self-insurance Group (SIG)?
A: A Self-insurance Group (SIG) is a group of employers in Texas who join together to self-insure their workers' compensation liabilities.

Q: What is the purpose of the FIN470 form?
A: The FIN470 form is used to document the merger of two or more Self-insurance Groups (SIGs) in Texas.

Q: Who needs to complete the FIN470 form?
A: The FIN470 form needs to be completed by the self-insurance group(s) planning to merge.

Q: What information is required on the FIN470 form?
A: The FIN470 form requires information about the merging SIGs, such as their names, addresses, and contact information.

Q: What happens after the FIN470 form is submitted?
A: After the FIN470 form is submitted, the Texas Department of Insurance will review the application and notify the merging SIGs of their decision.

Q: Are there any specific requirements for SIG merger in Texas?
A: Yes, there are specific requirements for SIG merger in Texas. These requirements can be found in the Texas Workers' Compensation Act and the rules of the Texas Department of Insurance.