What is the penalty for violating reporting rules to the Division of Workers' Compensation?

The penalty for violating reporting rules to the Division of Workers' Compensation is set at $500. This amount is established to emphasize the importance of compliance with these rules, which are designed to ensure accurate reporting and proper handling of workers' compensation claims. Adhering to these regulations helps maintain the integrity of the system and protects both employers and employees. The $500 penalty serves as a deterrent against non-compliance, highlighting the legal and financial responsibilities associated with workers' compensation reporting.