March 19, 2018

TDI-DWC Approves 10 Companies to Self-Insure for Workers’ Compensation Claims

Austin, TX – The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved ten renewals of the Certificates of Authority for companies to self-insure their workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Program. These companies collectively employ approximately 30,579 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 companies received self-insurance certificates:

  • Poly-America, L.P., Grand Prairie
  • Archer-Daniels-Midland Company, Decatur, IL
  • FedEx Ground Package System, Inc., Moon Township, PA
  • Hyatt Corporation, Chicago, IL
  • Lockheed Martin Corporation, Fort Worth
  • Parker-Hannifin Corporation, Cleveland, OH
  • Union Tank Car Company, Chicago, IL
  • AAA Cooper Transportation, Dothan, AL
  • VF Corporation, Greensboro, NC
  • American Electric Power Company, Inc., Columbus, OH

For more information on applying to the Self-Insurance Regulation program, visit the TDI website.

Source: TDI-DWC

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