Texas Approves 16 Companies to Self-Insure for Workers’ Comp Claims

The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved one initial application and 15 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 16 companies collectively employ approximately 216,600 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:

• AAA Cooper Transportation, Dothan, Ala.
• Archer-Daniels-Midland Company, Decatur, Ill.
• Chevron Corporation, San Ramon, Calif.
• FedEx Ground Package System, Inc., Akron, Ohio
• Hyatt Corporation, Chicago, Ill.
• Limited Brands, Inc., Columbus, Ohio
• Lockheed Martin Corporation, Fort Worth
• MasTec Inc., Coral Gables, Fla. (new to program)
• MeadWestvaco Corporation, Richmond, Va.
• Parker-Hannifin Corporation, Cleveland, Ohio
• Poly-America L.P., Grand Prairie
• Sam Kane Beef Processors, Inc., Corpus Christi
• Southwestern Bell Telephone Company, Dallas
• Union Tank Car Company, Chicago, Ill.
• Valero Energy Corporation, San Antonio
• Wal-Mart Associates, Inc., Bentonville, Ark.