If you sign a waiver of subrogation clause, you are agreeing to waive (give up) your work comp insurance carrier's right to seek damages from another party. A workers' comp waiver of subrogation is a document that states that you are waiving your right for your insurer to seek compensation from a third party.A waiver of subrogation endorsement in the workers' compensation policy also waives the carrier's right to. A Workers' Compensation Waiver of Subrogation typically prohibits the insurer from filing a suit against another party in the event of a loss. A waiver of subrogation prevents thirdparty damages for payments made on an insurance claim. Colorado Department of Labor and Employment 633 17th Street, Suite 201 Denver, CO 80202-3660 Phone: 303-318-8000 This is a complete listing of all Division of Workers' Compensation Forms. The forms are also available in individual listings. Learn about waivers of subrogation in workers' comp, including when and why they're used and how they can affect your claim after a work injury. The standard Acord 130 application form for workers' comp coverage in Texas.