The adjusted annual payroll requirement of an employer for the coverage of seasonal workers under the provisions of the Texas Labor Code, Section 406.162 is $55,922, the Texas Department of Insurance announced.
This gross payroll amount will be used in year 2018 to apply against an agricultural employer’s year 2017 gross payroll, and to determine whether a farm or ranch worker is covered by workers’ compensation.
The Texas Comptroller of Public Accounts calculated that in Texas the inflation rate was 2.08 percent during the period of Sept. 1, 2016 through Aug. 31, 2017.
Source: Texas Department of Insurance
Topics Texas
Was this article valuable?
Here are more articles you may enjoy.
‘Structural Shift’ Occurring in California Surplus Lines 
AIG Underwriting Income Up 48% in Q4 on North America Commercial 
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
