The Texas Department of Insurance Division of Workers’ Compensation announced that the workers’ compensation state average weekly wage for Fiscal Year 2008 is set at $712 and is effective for dates of injury from Oct.1, 2007 through Sept.30, 2008.
The workers’ compensation state average weekly wage for Fiscal Year 2008 is equal to 88 percent of the average weekly wage in covered employment as computed by the Texas Workforce Commission (TWC). The workers’ compensation state average weekly wage for Fiscal Year 2007 was $674.
The workers’ compensation state average weekly wage is used to calculate maximum and minimum weekly workers’ compensation benefit amounts. A table showing maximum and minimum weekly benefit amounts for injuries that occurred on or after Jan. 1, 1991, is available on the Texas Department of Insurance Web site at www.tdi.state.tx.us/wc/information/maxminbens.html.
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
