Texas Approves 9 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 nine companies to self-insure for workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Regulation program.

These nine companies collectively employ approximately 31,570 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 nine companies received renewals of existing self-insurance certificates:

• Louisiana-Pacific Corporation, Portland, Ore.
• Textron, Inc., Providence, R.I.
• The Procter & Gamble Company, Cincinnati, Ohio
• Weyerhauser Company, Federal Way, Wash.
• Ameron International Corporation, Pasadena, Calif.
• Jacobs Engineering Group Inc., Houston
• Mount Vernon Mills Inc. Mauldin, SC
• PACCAR Inc., Bellevue, Wash.
• Ascension Health, St. Louis, Mo.

Source: Texas Department of Insurance