TWCC OKAYS NINE SELF-INSURE COAs:

September 6, 2004

The Texas Workers’ Compensation Commission recently approved the reapplication for Certificates of Authority to Self-Insure for a one-year period by nine private employers. Texas law allows certain large, private employers to have the option of self-insuring their workers’ compensation liabilities for worker injuries. Each of these employers must have a minimum workers’ compensation annual premium of $500,000 and meet other requirements to be approved as a Certified Self-Insurer in Texas. COAs to Self-Insure were approved by the Commission for the following companies that employ a total of 53,174 workers in Texas (listed with the locations of the company headquarters): FedEx Ground Package System Inc., Akron, Ohio; Hyatt Corporation, Chicago, Ill.; Limited Brands Inc., Columbus, Ohio; Lockheed Martin Corp., Fort Worth; Overnite Transportation Company, Richmond, Va.; Parker-Hannifin Corp., Cleveland, Ohio, Sam Kane Beef Processors Inc., Corpus Christi; Southwestern Bell Telephone L.P., San Antonio; Union Tank Car Company, Chicago, Ill. For more information on applying to the TWCC Self-Insurance Program, visit the Commission’s Web site at www.twcc.state.tx.us under “About the Commission.”

Topics Texas Workers' Compensation Ohio

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Insurance Journal Magazine September 6, 2004
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