View this article online: https://www.insurancejournal.com/news/southcentral/2008/05/30/90483.htm
Commissioner of Workers’ Compensation Albert Betts approved 10 companies, employing approximately 31,400 employees in Texas, to self-insure for workers’ compensation claims for a one-year period under the Texas Department of Insurance, Division of Workers’ Compensation Self Insurance Program.
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 ten companies received renewals of existing self-insurance certificates:
ABF Freight System Inc., Fort Smith, Ark.
Baptist Hospitals of Southeast Texas, Beaumont, Texas
Countrywide Home Loans, Inc., Fort Worth, Texas
Driver Pipeline Company, Inc., Irving, Texas
General Motors Corporation, Detroit, Mich.
Johns Manville, Denver, Colo.
Leonard Family Corporation, San Antonio, Texas
PPG Industries, Inc., Allison Park, Pa.
Starbucks Corporation, Seattle, Wash.
Trinity Mother Frances Health System, Tyler, Texas
For more information on applying to the Self-Insurance Program, visit TDI’s Web site at http://www.tdi.state.tx.us/wc/si/index.html.
Source: Texas Department of Insurance, Division of Workers’ Compensation