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        <Name>UPDATE: Workers’ Compensation for the Construction Industry</Name>
        <Summary>Update on the new HB 1366 and Pinnacol Assurance’s requirements.</Summary>
        <Description>&lt;p&gt;Last week I posted an article outlining the new Colorado requirements that companies in the construction industry must follow regarding subcontractors. After reviewing the rejection of coverage requirements for owners and partners, I questioned Pinnacol Assurance concerning the requirement to complete their Independent Contractor form as well as the Division of Workers&amp;rsquo; Compensation&amp;rsquo;s Rejection of Coverage Form. Unfortunately the answer I received was that the Pinnacol form and the Division&amp;rsquo;s form are two separate and unique forms and both are required to be completed and filed individually.&amp;nbsp; I was also reminded that if an Independent Contractor form is not filed with Pinnacol, they reserve the right to charge premiums on any wages paid to the independent contractors.&amp;nbsp; Also if the Rejection of Coverage Form is not filed with the Division, then they may assess a penalty up to $500 per day.&lt;/p&gt;&lt;p&gt;So, if you are in the construction industry and you have any subcontractors that are waiving workers&amp;rsquo; compensation coverage, then you need to complete and file two separate rejection forms. &lt;/p&gt;</Description>
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