Texas Division Approves 14 Companies To Self-Insure For Workers’ Compensation Claims

                               

AUSTIN, TX (CompNewsNetwork) - The Texas Department of the Insurance, Division of Workers' Compensation (TDI-DWC) approved fourteen companies, employing approximately 205,450 employees in Texas, to self-insure for workers' compensation claims for a one-year period under the TDI-DWC 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 fourteen companies received renewals of existing self-insurance certificates:

Archer-Daniels-Midland Company, Decatur, IL
Chevron Corporation, San Ramon, CA
FedEx Ground Package System, Inc., Akron, OH
Kiewit Corporation, Omaha, NE
Kimberly-Clark Corporation, Neenah, WI
Limited Brands, Inc., Columbus, OH
Lockheed Martin Corporation, Fort Worth, TX
MeadWestvaco Corporation, Glen Allen, VA
Parker-Hannifin Corporation, Cleveland, OH
Poly-America, L.P., Grand Prairie, TX
Sam Kane Beef Processors, Inc., Corpus Christi, TX
Southwestern Bell Telephone, L.P., San Antonio, TX
Union Tank Car Company, Chicago, IL
Wal-Mart Associates, Inc., Bentonville, AR

For more information on applying to the Self-Insurance Program, visit the TDI website at http://www.tdi.state.tx.us/wc/si/index .html.

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