Texas Approves 8 Companies to Self-Insure for Workers’ Comp

The Texas Department of Insurance Division of Workers’ Compensation (TDI-DWC) approved the renewal of the Certificates of Authority for eight companies to self-insure for workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Regulation program. These eight companies collectively employ approximately 23,380 employees in Texas.

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 eight companies received renewals of existing self-insurance certificates:

For more information on applying to the Self-Insurance Regulation program, visit the TDI Web site at http://www.tdi.state.tx.us/wc/si/index.html.

Source: TDI-DWC