New Eligibility Requirements Adopted for Wrapup Construction Policies

The Texas Department of Insurance has posted an order approving a filing by the National Council on Compensation Insurance to establish eligibility requirements for wrapup construction project policies.  The changes in Item 02-TX-2016 apply to new and renewal workers’ compensation policies with effective dates on and after Jan. 1.  A wrapup construction project, also known as a consolidated insurance program, owner-controlled or contractor-controlled insurance program, uses individual policies for each contractor or subcontractor on the project. The current Texas rule al...