Tex.
Labor Code Section 407.001
Definitions
(1)
“Association” means the Texas Certified Self-Insurer Guaranty Association.(2)
Repealed by Acts 2005, 79th Leg., Ch. 265, Sec. 7.01(17), eff. September 1, 2005.(3)
“Impaired employer” means a certified self-insurer:(A)
who has suspended payment of compensation as determined by the division;(B)
who has filed for relief under bankruptcy laws;(C)
against whom bankruptcy proceedings have been filed; or(D)
for whom a receiver has been appointed by a court of this state.(4)
“Incurred liabilities for compensation” means the amount equal to the sum of:(A)
the estimated amount of the liabilities for outstanding workers’ compensation claims, including claims incurred but not yet reported; and(B)
the estimated amount necessary to provide for the administration of those claims, including legal costs.(5)
“Qualified claims servicing contractor” means a person who provides claims service for a certified self-insurer, who is a separate business entity from the affected certified self-insurer, and who holds a certificate of authority under Chapter 4151.
Source:
Section 407.001 — Definitions, https://statutes.capitol.texas.gov/Docs/LA/htm/LA.407.htm#407.001 (accessed Apr. 20, 2024).
