Texas Regulations 114.15
From Wcc
§ 114.15 Revocation or Suspension of Certificate of Authority To Self-Insure.
| History:
(1) failure to maintain financial strength; (2) failure to implement and maintain an effective safety program; (3) failure to maintain acceptable claim services; (4) failure to obtain and maintain the required security deposit; (5) failure to obtain and maintain excess insurance as required by the director; (6) failure to file any required information under § 114.12 of this title (relating to Required Reporting); (7) unreasonable refusal to make information available as required under § 114.11 of this title (relating to Audit Program); (8) failure to provide notice as required in § 114.13 of this title (relating to Required Notices to the Director); or (9) failure to comply with any provision of the Act or with any commission rule. (b) The commission may suspend or revoke the certificate of a certified self-insurer due to the certified self-insurer's failure to pay an assessment as required by Texas Labor Code § 407.124(b) and § 407.125. (c) A certified self-insurer whose certificate has been revoked, suspended, withdrawn, or denied must file an annual report, in the form and manner prescribed by the director. (d) Pursuant to Texas Labor Code §§ 407.046, 407.047, and 407.082, the director shall continue to audit the claims of any certified self-insurer whose certificate has been revoked, suspended, withdrawn, or denied. (e) Prior to revoking a certificate, the commission shall refer the matter to the State Office of Administrative Hearings, which shall hold a hearing to determine if the certificate should be revoked. The provisions of this §114.15 adopted to be effective January 1, 1993, 17 TexReg 7896; amended to be effective December 4, 1995, 20 TexReg 9698; amended to be effective May 9, 2004, 29 TexReg 4186. |
