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TDI-DWC Approves 7 Companies to Self-Insure for Workers’ Compensation Claims

April 15, 2014 - WorkCompWire

Austin, TX – The Division of Workers’ Compensation (DWC) recently approved seven renewals of the Certificates of Authority for companies to self-insure their workers’ compensation claims for a one-year period under the DWC Self-Insurance Program. These companies collectively employ approximately 32,883 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 renewed their self-insurance certificates:

  • Textron, Inc., Providence, RI
  • Weyerhaeuser Company, Federal Way, WA
  • Jacobs Engineering Group, Inc., Baton Rouge, LA
  • Mount Vernon Mills, Inc., Mauldin, SC
  • PACCAR Inc, Bellevue, WA
  • Ascension Health Alliance, St. Louis, MO
  • Leonard Family Corporation, San Antonio

Source: TDI-DWC

Filed Under: Industry News, Legislative & Regulatory News, Risk Management News, Top Stories, Workers' Compensation

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