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Texas Insurance Code - INS § 2054.504. Safety Consultation for Certain Insureds

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) A policyholder who is insured under Subchapter H  1 shall obtain a safety consultation:

(1) if the policyholder:

(A) has a Texas experience modifier greater than 1.25;

(B) has a national experience modifier greater than 1.25 and estimated premium allocable to this state of $2,500 or more; or

(C) does not have an experience modifier but has had a loss ratio greater than 0.70 in at least two of the three most recent policy years for which information is available; or

(2) as required by the company, if the policyholder:

(A) has been in business for less than three years; and

(B) meets the criteria established by the company for a safety consultation.

(b) The criteria under Subsection (a)(2)(B) may include:

(1) the number and classification of employees;

(2) the policyholder's industry; and

(3) the policyholder's previous workers' compensation experience in this state or another jurisdiction.

1 V.T.C.A., Insurance Code § 2054.351 et seq.
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Cite this article: FindLaw.com - Texas Insurance Code - INS § 2054.504. Safety Consultation for Certain Insureds - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2054-504/

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