Texas Insurance Code Title 10, Chapter 2055 - Group Purchase Of Workers' Compensation Insurance Coverage
- Texas Section 2055.001 - Definition
In this chapter, "business entity" means a business enterprise owned by a single person or a corporation, organization, business trust, trust, partnership, joint venture, association,...
- Texas Section 2055.002 - Certification Program
(a) The department shall: (1) maintain a certification program for groups organized under this chapter; and (2) issue certificates of approval to eligible business entities...
- Texas Section 2055.003 - Formation Of Group
(a) On receipt of a certificate of approval issued by the department under this chapter, two or more business entities or two or more members...
- Texas Section 2055.004 - Plan Of Operation
(a) A group shall: (1) adopt a plan of operation; and (2) file a copy of the plan of operation with the department. (b) The...
- Texas Section 2055.005 - Group Purchase Authorized
A group certified under this chapter may purchase individual workers' compensation insurance policies covering each member of the group from any insurer authorized to write...
- Texas Section 2055.006 - Policy Rates
Rates for policies purchased under this chapter must be computed using manual rules and rates. The department shall determine any experience rating factor that must...
- Texas Section 2055.007 - Group Discount
(a) A group that purchases a policy under this chapter is entitled to any premium or volume discount that would be applicable to a policy...
- Texas Section 2055.008 - Applicability Of Other Law
(a) A group established under this chapter is entitled to any deviation applicable under Section 2052.004, 2053.051, or 2053.052(a) or (b). (b) A member of...
Last modified: September 28, 2016