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TX DWC Division Approves 16 Companies To Self-Insure For WC Claims

13 Sep, 2010 WorkersCompensation.com

                               Austin, TX (CompNewsNetwork) - The Texas Department of Insurance, Division of Workers' Compensation (TDI-DWC) approved one initial application and fifteen renewals of the Certificates of Authority for companies to self-insure their workers' compensation claims for a one-year period under the TDI-DWC Self-Insurance Program.  These sixteen companies collectively employ approximately 216,600 employees in Texas.

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 companies received self-insurance certificates:

  • AAA Cooper Transportation, Dothan, AL
  • Archer-Daniels-Midland Company, Decatur, IL
  • Chevron Corporation, San Ramon, CA
  • FedEx Ground Package System, Inc., Akron, OH
  • Hyatt Corporation, Chicago, IL
  • Limited Brands, Inc., Columbus, OH
  • Lockheed Martin Corporation, Fort Worth
  • MasTec, Inc., Coral Gables, FL (new to program)
  • MeadWestvaco Corporation, Richmond, VA
  • Parker-Hannifin Corporation, Cleveland, OH
  • Poly-America, L.P., Grand Prairie
  • Sam Kane Beef Processors, Inc., Corpus Christi
  • Southwestern Bell Telephone Company, Dallas
  • Union Tank Car Company, Chicago, IL
  • Valero Energy Corporation, San Antonio
  • Wal-Mart Associates, Inc., Bentonville, AR

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