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Most Carriers Score Average or Better in 2024 PBO

Friday, October 18, 2024 | 1

All but four of the 130 insurance carriers that the Texas Division of Workers' Compensation evaluated through its performance-based oversight assessment scored average or better. The division on Thursday reported that 44 carriers were deemed high performers and another 82 were deemed average. Carriers that reported 20 or more initial payments of temporary income benefits between Jan. 1 and June 30 were included in the 2024 performance-based oversight review. Scores were calculated using the ratio of timely items to total items reviewed multiplied by the weight assigned to different cate...

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