ICT: Comp Market Stable, Faces New Legislative and Compliance Shifts

Employers, workers and insurers in the Lone Star state continue to benefit from reforms enacted two decades ago, the Insurance Council of Texas said in a new report. ICT said in its 2025 Workers' Compensation Market Report that the state's system remains stable and competitive 20 years after lawmakers enacted the sweeping reforms in House Bill 7 that, among other things, abolished the Texas Workers' Compensation Commission and replaced it with a Division of Workers' Compensation within the Department of Insurance; created the Office of Injured Employee Counsel to represent inj...