13 Companies Approved to Self-Insure Workers' Comp in Texas
Texas Commissioner of Workers' Compensation Albert Betts recently approved the reapplications for Certificates of Authority to Self-Insure covering a one-year period for 13 private employers in Texas. Commissioner Betts also accepted the withdrawal of Rockwell Collins Inc. and AT&T Corp. as Certified Self-Insurers in Texas.
State law allows certain large, private employers to self-insure for their workers' compensation liabilities, while retaining the protection of workers' compensation insurance coverage as provided by the Texas Workers' Compensation Act. Each of these employers must have a minimum workers' compensation manual premium of $500,000 and meet other requirements to be approved as a Certified Self-Insurer in Texas. The Texas Department of Insurance, Division of Workers' Compensation's Self-Insurance Program is the approved program in Texas for certifying employers to self-insure.
Commissioner Betts approved renewed Certificates of Authority to Self-Insure for the following companies that employ a total of 37,050 workers in Texas. The companies are listed in alphabetical order with the city and state of the company headquarters:
--AAA Cooper Transportation, Dothan, AL
--American Electric Power Company, Inc., Columbus, OH
--Archer-Daniels-Midland Company, Decatur, IL
--FedEx Ground Package System, Inc., Akron, OH
--Hyatt Corporation, Chicago, IL
--Kimberly-Clark Corporation, Neenah, WI
--Lockheed Martin Corporation, Fort Worth, TX
--Overnite Transportation Company, Richmond, VA
--Parker-Hannifin Corporation, Cleveland, OH
--The Sherwin-Williams Company, Cleveland, OH
--Union Tank Car Company, Chicago, IL
--Unique Staff Leasing I, Ltd., Corpus Christi, TX
--VF Corporation, Greensboro, NC
For more information on applying to the TDI-DWC Self-Insurance Program, visit TDI's Web site at www.tdi.state.tx.us/wc/dwc/divisions/selfins.html.



Comments? Click here to post a comment about this article