Loss Portfolio Transfers Are Not New — Except in Lone Star State, Carrier Says

Insurers are happy to hear that Texas is making it easier for self-insured employers to re-enter the commercial workers' compensation insurance market, something a number of other states have allowed for years. The Texas Division of Workers' Compensation is in the process of finalizing rules that would let certified self-insureds re-claim their security deposit as long as they obtain coverage with a qualified insurance carrier.  Officials at one national carrier were surprised this week to see a national association suggest that Texas was the first state to allow the move an...