Friday, September 12, 2008

TDI Approves 14 Companies to Self-Insure WC

The Texas Department of the Insurance, Division of Workers’ Compensation (TDI-DWC) approved 14 companies, employing approximately 205,450 employees in Texas, to self-insure for workers’ compensation claims for a one-year period under the TDI-DWC Self Insurance Program.

Under Texas law, certain large, private companies can self-insure for workers’ comp 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’ comp insurance unmodified manual premium of $500,000 and meet other requirements subject to annual review.

The following 14 companies received renewals of existing self-insurance certificates:

  • Archer-Daniels-Midland Company, Decatur, IL
  • Chevron Corporation, San Ramon, CA
  • FedEx Ground Package System, Inc., Akron, OH
  • Kiewit Corporation, Omaha, NE
  • Kimberly-Clark Corporation, Neenah, WI
  • Limited Brands, Inc., Columbus, OH
  • Lockheed Martin Corporation, Fort Worth, TX
  • MeadWestvaco Corporation, Glen Allen, VA
  • Parker-Hannifin Corporation, Cleveland, OH
  • Poly-America, L.P., Grand Prairie, TX
  • Sam Kane Beef Processors, Inc., Corpus Christi, TX
  • Southwestern Bell Telephone, L.P., San Antonio, TX
  • Union Tank Car Company, Chicago, IL
  • Wal-Mart Associates, Inc., Bentonville, AR

For more information on applying to the Self-Insurance Program, visit the TDI Web site at http://www.tdi.state.tx.us/wc/si/index.html.

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