A waiver of subrogation means that a business and their insurance company is foregoing all rights to file suit, or seek damages, from another business. Most frequently, contracting parties agree to contractually require the inclusion of a waiver of subrogation endorsement in a workers' compensation policy.A waiver of subrogation is an agreement set between two parties that removes the right to take legal action against the waiver holder. Complete all sections of the claim form. 3. Provide a copy of the claim form to your supervisor and HR office. 4. This manual applies to policies written through the Michigan Workers' Compensation. Placement Facility ("Facility"). 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. Community Health Worker. Services. MI Medicaid certified.