The Texas Department of Insurance, Division of Workers’ Compensation announced that any workers’ compensation interest or discount will be at the rate of 4.82 percent for the third quarter of 2008.
This rate is computed by using the treasury constant maturity rate for one-year treasury bills as published by the Federal Reserve Board on March 17, 2008, (1.32 percent) plus 3.5 percent.
The rate is effective April 1, 2008, through June 30, 2008.
Source: TDI-DWC
Topics Texas
Was this article valuable?
Here are more articles you may enjoy.
Owner of Assisted Living Home Where 10 Died in Fire Denied Access to Insurance Funds 
Married Insurance Brokers Indicted for Allegedly Running $750K Fraud Scheme 
Trapped Tesla Driver’s 911 Call: ‘It’s on Fire. Help Please’ 
Beazley Agrees to Zurich’s Sweetened £8 Billion Takeover Bid 
