What happens if the insurance company does not comply with the time deadlines by either paying me or denying me payment within fourteen (14) days?

The law requires that under those circumstances, the insurer must pay you a penalty of $200.00. If the delay extends beyond sixty (60) days, the insurer must pay an additional sizable penalty to the Department of Industrial Accidents and that penalty can range from $2,000.00 to $10,000.00, depending upon the length of the delay.