The Texas Workers’ Compensation Commission announced it approved the reapplication for Certificates of Authority to Self-Insure for a one-year period by nine private employers during a public meeting on Aug. 19, 2004.
Texas law allows certain large, private employers to have the option of self-insuring their workers’ compensation liabilities for worker injuries. Each of these employers must have a minimum workers’ compensation manual premium of $500,000 and meet other requirements to be approved as a Certified Self-Insurer in Texas.
The Commission’s Self-Insurance Program is the approved program in Texas that allows larger private employers to self-insure their workers’ compensation liabilities for worker injuries, while retaining the protection of workers’ compensation insurance coverage as provided for by the Texas Workers’ Compensation Act.
Certificates of Authority to Self-Insure were approved by the Commission for the following companies that employ a total of 53,174 workers in Texas. The companies are listed with the city and state of the company headquarters:
· FedEx Ground Package System Inc., Akron, Ohio.
· Hyatt Corporation, Chicago, Ill.
· Limited Brands Inc., Columbus, Ohio.
· Lockheed Martin Corporation, Fort Worth, Texas.
· Overnite Transportation Company, Richmond, Va.
· Parker-Hannifin Corporation, Cleveland, Ohio.
· Sam Kane Beef Processors Inc., Corpus Christi, Texas.
· Southwestern Bell Telephone, L.P., San Antonio, Texas.
· Union Tank Car Company, Chicago, Ill.
For more information on applying to the TWCC Self-Insurance Program, visit the Commission’s web site at www.twcc.state.tx.us under “About the Commission.”
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