Zurich North America Commercial Offers Alternative to Texas Nonsubscribers

Property and casualty insurance Zurich announced its North America Commercial’s Accident & Health unit is now providing an alternative to Texas workers’ compensation coverage for employers who opt out of the system.

Texas is the only state in the country that does not require employers to participate in its workers’ compensation program. Employers who opt out of the system are classified as “nonsubscribers” or “NS.”

Zurich designed products that respond to the needs of today’s nonsubscribers, by developing an occupational accident policy called Texas Occupational Accident that provides:

• Temporary total disability benefits
• Medical expense benefits
• Accidental death and dismemberment benefits due to work-related accidents

A separate policy, Texas Employers Indemnity, provides:

• Temporary total disability benefits
• Medical expense benefits
• Accidental death and dismemberment benefits due to work-related accidents
• Liability coverage that protects the employer against injured worker lawsuits

Both policies offer generous limits of coverage of up to $5 million per person, $10 million per occurrence and a $25 million policy aggregate, the company’s announcement said.

Source: Zurich

Latest Comments

• July 26, 2011 at 10:10 am

  Agent says:

  I think it is unusual that a large standard market like Zurich is entertaining this type of business since it has generally been done with specialty markets before. Occ Acc m... read more
• July 25, 2011 at 6:04 pm

  Kevin McCarthy says:

  Actually, Zurich currently writes a decent amount of work comp in Texas. To be a bit more specific, they write thousands of WC policies with a focus on Doctors, Dentists and s... read more
• July 21, 2011 at 2:14 pm

  Agent says:

  Wow Zurich. You are not selling much WC in the state so you go the Occ Acc route. It will be interesting to see where they go with this.