The Texas Department of Insurance Division of Workers’ Compensation has determined 7.66 percent to be the rate for any interest or discount provided for in workers’ compensation statute. The rate is effective Oct. 1, 2007, through Dec. 31, 2007.
This rate is computed by using the treasury constant maturity rate for one-year treasury bills issued by the United States Government, as published by the Federal Reserve Board on Sept. 14, 2007, (4.16 percent) plus 3.5 percent.
Source: Texas Department of Insurance, www.tdi.state.tx.us
Topics Texas
Was this article valuable?
Here are more articles you may enjoy.
Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG 
NFIP Reauthorized With Passage of Funding Bill to End Government Shutdown 
Kentucky Scrapyard Workers Describe UPS Plane Crash That Destroyed Their Business 
Cloudflare Resolves Global Outage That Disrupted ChatGPT, X 
