texas workers’ compensation discount and interest rate News

Texas Division of Workers’ Comp Sets Discount Interest Rate

The Texas Department of Insurance, Division of Workers’ Compensation has determined that any interest or discount provided for in the Texas Labor Code shall be at the rate of 6.38%. The rate is effective July 1, 2022, through September 30, …

Texas Sets Workers’ Comp Discount, Interest Rate at 5.58%

The Texas Department of Insurance, Division of Workers’ Compensation has set the workers’ comp interest/discount rate for April 1 through June 30, 2018, at 5.58 percent. This rate is computed by using the treasury constant maturity rate for one-year U.S. …

Texas Raises Interest, Discount Rate for Workers’ Comp

The Texas Department of Insurance, Division of Workers’ Compensation reports that the workers’ comp discount rate and interest rate for April 1 to June 30, 2017, will be 4.50 percent. The rate is computed by using the federal treasury constant …