The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) has set at 3.8 percent the workers’ compensation interest and discount rate for the first quarter of 2011.
This rate is computed by using the treasury constant maturity rate for one-year treasury bills (0.3 percent) issued by the United States Government, as published by the Federal Reserve Board on Dec. 17, 2010, plus 3.5 percent as required by state statute.
The rate is effective Jan. 1, 2011, through March 31, 2011. The rate in effect for the period of Oct. 1, 2010, through Dec. 31, 2010, was 3.75 percent.
Source: TDI-DWC
Topics Texas Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
