Texas Labor Code 406.051 – Security by Commercial Insurance
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(a) An insurance company may contract to secure an employer’s liability and obligations and to pay compensation by issuing a workers’ compensation insurance policy under this subchapter.
(b) The contract for coverage must be written on a policy and endorsements approved by the Texas Department of Insurance.
Terms Used In Texas Labor Code 406.051
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
(c) The employer may not transfer:
(1) the obligation to accept a report of injury under § 409.001;
(2) the obligation to maintain records of injuries under § 409.006;
(3) the obligation to report injuries to the insurance carrier under § 409.005;
(4) liability for a violation of § 415.006 or 415.008 or of Chapter 451; or
(5) the obligation to comply with a commissioner order.