Texas Approves 10 Companies to Self-Insure for WCA (MyHealthGuide Newsletter)
AUSTIN, TX – Commissioner of Workers’ Compensation Albert Betts approved ten companies, employing approximately 31,400 employees in Texas, to self-insure for workers’ compensation claims for a one-year period under the Texas Department of Insurance, Division of Workers’ Compensation Self Insurance Program.
Under Texas law, certain large, private companies can self-insure for workers’ compensation claims, while retaining the protection of the Texas Workers’ Compensation Act for the company and for its employees. To qualify, a company must have a minimum workers’ compensation insurance unmodified manual premium of $500,000 and meet other requirements subject to annual review.
The following ten companies received renewals of existing self-insurance certificates:
For more information on applying to the Self-Insurance Program, visit TDI’s website at http://www.tdi.state.tx.us/wc/si/index.html.
