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
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