13 Companies OK’d to Self-Insure for Workers’ Comp in Texas

The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved thirteen companies to self-insure for workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Regulation program. These thirteen companies collectively employ approximately 26,500 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 13 companies received renewals of existing self-insurance certificates:

AAA Cooper Transportation, Dothan, Ala.
American Electric Power Company, Inc., Heath, Ohio
Associated Wholesale Grocers, Inc., Kansas City, Kan.
E. I. du Pont de Nemours and Company, Wilmington, Del.
Emerson Electric Co., St. Louis, Mo.
FedEx Freight East, Inc., Harrison, Ark.
Guardian Industries Corp., Auburn Hills, Mich.
Hyatt Corporation, Chicago, Ill.
International Paper Company, Memphis, Tenn.
The Sherwin-Williams Company, Cleveland, Ohio
Unique Staff Leasing I, Ltd., Corpus Christi, Texas
Valero Energy Corporation, San Antonio, Texas
VF Corporation, Greensboro, N.C.

For more information on applying to the Self-Insurance Regulation program, visit TDI’s Web site at www.tdi.state.tx.us/wc/si/index.html.

Source: Texas Department of Insurance