The bill specifies that the director of the division of workers' compensation may not impose an administrative fine on an insurer or self-insured employer as a result of a compliance audit for late reporting of an injury, occupational disease, or fatality when the late reporting resulted from the insurer or self-insured employer not having notice or knowledge of the injury, occupational disease, or fatality in sufficient time to comply with the reporting period. The bill permits the director to impose a fine if the director finds that the late reporting constituted a knowing and repeated pattern of noncompliance with the reporting requirements and was not caused by the insurer or self-insured employer's lack of notice or knowledge of the injury, occupational disease, or fatality.
Concerning Conditions On The Authority Of The Director Of The Division Of Workers' Compensation To Impose Administrative Fines As A Result Of Compliance Audits Finding Instances Of Late Reporting Of Injuries Under The "Workers' Compensation Act Of Colorado".