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Updating an SI policy
Updating an Ohio workers' compensation self-insurance policy

Notifying BWC of company changes

Ohio Administrative Code (OAC) 4123-19-03 (M) states a self-insuring employer must notify BWC within 30 days if there have been changes that may affect the administration of the program. This includes ownership changes, subsidiary additions or removals and mergers or acquisitions. Please notify BWC's self-insured department, in writing, of any changes within the required time frame. Please do not wait until your yearly renewal to notify us of this information. However, if there are changes to the self-insured policy that you’ve notified us about previously, include this information with your renewal materials.

 

Cancelling your self-insurance coverage

If your company does not plan to renew its self-insuring status, you must notify us in writing. Please note that if you still have employees operating in Ohio and cancel your self-insured policy, you must obtain state-fund coverage. In addition, as a cancelled self-insured risk, you must continue administration of all SI claims pursuant to OAC 4123-19-05.

If you have questions related to the renewal process, email BWC's self-insured department.