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

April 11, 2011 - WorkCompWire

AUSTIN, TX – The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved one initial application and nine 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 ten companies collectively employ approximately 33,800 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:

  • ABF Freight System, Inc., Fort Smith, AR
  • Ameron International Corporation, Pasadena, CA
  • Ascension Health, St. Louis, MO
  • Baptist Hospitals of Southeast Texas, Beaumont
  • Jacobs Engineering Group Inc., Houston
  • James Construction Group, LLC, Baton Rouge, LA (new to program)
  • Mount Vernon Mills, Inc., Mauldin, SC
  • PACCAR Inc., Bellevue, WA
  • Textron, Inc., Providence, RI
  • Weyerhaeuser Company, Federal Way, WA

Source: TDI-DWC

Filed Under: Claims, Legal, & Compliance News, Top Stories - Recent, WCW Inner Page Featured - Recent, Workers' Compensation

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