85R5411 KKR-F
By: Shine H.B. No. 1989
A BILL TO BE ENTITLED
AN ACT
relating to the requirements for withdrawal by a certified
self-insurer from workers' compensation self-insurance.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 407.045, Labor Code, is amended by
adding Subsection (a-1) to read as follows:
(a-1) For purposes of Subsection (a), an adequate program
includes a program in which the certified self-insurer has insured
or reinsured all workers' compensation obligations incurred by the
self-insurer with an insurance company under an agreement that is
filed with and approved in writing by the commissioner. The
obligations incurred include:
(1) all known claims and expenses associated with
those claims; and
(2) all incurred but not reported claims and expenses
associated with those claims.
SECTION 2. This Act takes effect September 1, 2017.