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Maryland INSURANCE INFORMATION REPORT Worksheet for IC-1 2017 Non-Fillable

State:
Maryland
Control #:
MD-SKU-1551
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PDF
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INSURANCE INFORMATION REPORT Worksheet for IC-1 2017 Non-Fillable

The Maryland INSURANCE INFORMATION REPORT Worksheet for IC-1 2017 Non-Fillable is a document issued by the Maryland Insurance Administration (MIA) to be completed by all qualified insurance companies and their agents in the state. It is used to report the financial information of the company and its agents to the MIA. The worksheet includes sections for the company's name, address, contact information, financial statements, and other related information. There are two versions of the worksheet, a fillable version and a non-fillable version. The non-fillable version is used by companies that are not required to file financial statements with the MIA.

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FAQ

Businesses do not have to provide workers' compensation benefits to independent contractors or self-employed workers. An independent contractor provides their services to a business but is not formally classified as an employee.

If you are deemed to be an independent contractor, no one is liable for your injuries sustained on the job. However, if the person for whom you were doing the work should have been paying you and treating you as an employee, they will be liable.

With few exceptions, every employer in the State of Maryland with one or more employees is required by law to provide workers' compensation coverage for their employees.

File the online Employer's First Report Of Injury Form. The injured worker can file their claim online- Employee Claim Form (Form C-1) online. Request the WCC Employer's First Report of Injury Form or Employee Claim Form C-1 hardcopy to be mailed via US Postal Service mail.

Form IA-1 Employer's First Report of Injury or Occupational Disease (FROI). As soon as you have been notified of a work-related injury, please fill out this form and submit it to EMPLOYERS. This form must be completed within 10 days from notice of a work-related injury. Fatalities must be reported within 24 hours.

With few exceptions, every employer in the State of Maryland with one or more employees is required by law to provide workers' compensation coverage for their employees.

A business owner who is a sole proprietor, a partner in a business partnership, or an independent contractor does not need to be covered by Maryland workers' compensation insurance. However, they might decide to buy this coverage to protect against the high cost of medical expenses.

Most employers in Maryland are required to carry workers' compensation insurance. However, an employer-employee relationship must exist for an individual to be covered by workers' compensation insurance. Employees vs. Independent Contractors Workers' comp does not cover independent contractors.

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Maryland INSURANCE INFORMATION REPORT Worksheet for IC-1 2017 Non-Fillable