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Texas Labor Code - Chapter 407 Self-Insurance RegulationLegal Research Home > Texas Lawyer > Labor Code > Texas Labor Code - Chapter 407 Self-Insurance Regulation In this chapter: (1) "Association" means the Texas Certified Self-Insurer Guaranty Association. (2) Repealed by Acts 2005, 79th Leg., ch. 265, § 7.01(17). (3) "Impaired ... The commissioner shall: (1) approve or deny the issuance or revocation of a certificate of authority to self-insure; and (2) certify that a certified self-insurer ... (a) A claim or suit brought by a claimant or a certified self-insurer shall be styled "in re: [name of employee] and [name of certified ... (a) An employer who desires to self-insure under this chapter must submit an application to the division for a certificate of authority to self-insure. (b) ... With the approval of the Texas Certified Self-Insurer Guaranty Association, the commissioner shall issue a certificate of authority to self-insure to an applicant who meets ... (a) If the commissioner determines that an applicant for a certificate of authority to self-insure does not meet the certification requirements, the division shall notify ... (a) A certificate of authority to self-insure is valid for one year after the date of issuance and may be renewed under procedures prescribed by ... (a) A certified self-insurer may withdraw from self-insurance at any time with the approval of the commissioner. The commissioner shall approve the withdrawal if the ... (a) The commissioner may revoke the certificate of authority to self-insure of a certified self-insurer who fails to comply with requirements or conditions established by ... (a) A certified self-insurer whose certificate of authority to self-insure is revoked is not relieved of the obligation for compensation to an employee for an ... (a) To be eligible for a certificate of authority to self-insure, an applicant for an initial or renewal certificate must present evidence satisfactory to the ... In assessing the financial strength and liquidity of an applicant, the commissioner shall consider: (1) the applicant's organizational structure and management background; (2) the applicant's ... (a) In addition to meeting the other certification requirements imposed under this chapter, an applicant for an initial certificate of authority to self-insure must present ... (a) Each applicant shall provide security for incurred liabilities for compensation through a deposit with the division, in a combination and from institutions approved by ... (a) A security deposit must include within its coverage all amounts covered by terminated surety bonds or terminated excess insurance policies. (b) A surety bond, ... (a) The commissioner, after notice to the concerned parties and an opportunity for a hearing, shall resolve a dispute concerning the deposit, renewal, termination, release, ... (a) Each applicant shall obtain excess insurance or reinsurance to cover liability for losses not paid by the self-insurer in an amount not less than ... If an applicant for a certificate of authority to self-insure is a subsidiary, the parent organization of the applicant must guarantee the obligations imposed by ... (a) Each certified self-insurer shall file an annual report with the division. The commissioner shall prescribe the form of the report and shall furnish blank ... (a) Each certified self-insurer shall maintain the books, records, and payroll information necessary to compile the annual report required under Section 407.081 and any other ... This chapter does not prohibit a certified self-insurer from paying a commission to an insurance agent licensed in this state. Acts 1993, 73rd Leg., ch. ... (a) The workers' compensation self-insurance fund is a fund in the state treasury. The fund may be used only for the regulation of certified self-insurers. ... (a) Each certified self-insurer shall pay an annual fee to cover the administrative costs incurred by the division in implementing this chapter. (b) The division ... (a) Each certified self-insurer shall pay a self-insurer maintenance tax for the administration of the division and the office of injured employee counsel and to ... (a) The regulatory fee imposed by Section 407.102 and the taxes imposed by Section 407.103 are due on the 60th day after the issuance of ... (a) The Texas Certified Self-Insurer Guaranty Association provides for the payment of workers' compensation insurance benefits for the injured employees of an impaired employer. (b) ... (a) The members of the association shall elect a board of directors. (b) The board of directors is composed of the following voting members: (1) ... (a) The board of directors may adopt rules for the operation of the association. (b) Rules adopted by the board are subject to the approval ... (a) On determination by the division that a certified self-insurer has become an impaired employer, the commissioner shall secure release of the security deposit required ... Each certified self-insurer shall pay the amount of its assessment to the association not later than the 30th day after the date on which the ... (a) Each member of the association shall be assessed a fee, based on total amount of income benefits payments made in this state for the ... (a) If the commissioner determines that the payment of benefits and claims administration shall be made through the association, the association assumes the workers' compensation ... On the assumption of obligations by the association under the commissioner's determination, the association is entitled to immediate possession of any deposited security, and the ... Information on a workers' compensation claim may be released to the association as provided by Section 402.084(a), if the association has assumed the obligations of ... (a) The association is a party in interest in a proceeding involving a workers' compensation claim against an impaired employer whose compensation obligations have been ... The benefit payments made by the association or the surety under this chapter are entitled to the same preference over other debts of the impaired ... Funds advanced by the association under this subchapter do not become assets of the impaired employer but are a special fund advanced to the commissioner, ... (a) The commissioner may suspend or revoke the certificate of authority to self-insure of a certified self-insurer who fails to pay an assessment. The association ... Texas Lawyers
Last modified: August 10, 2007 |