(a) A certified self-insurer that amends its charter,
articles of incorporation, or partnership agreement to change its
identity or business structure, or in any other manner materially
alters its status as it existed at the time of issuance of its certificate
shall, within 30 days after the amendment or other action, notify
the division of such action in the form and manner prescribed by the
commissioner and provide the division with a copy of such amendment
or other action.
(b) A certified self-insurer that ceases doing business
entirely, ceases doing business in Texas, or disposes of, by sale
or otherwise, the controlling interest of the business for which the
certificate was issued, shall immediately notify the division in the
form and manner prescribed by the commissioner of such action and
the division will act on the notice pursuant to Texas Labor Code, §407.045.
(c) A certified self-insurer shall give notice to the
division in the form and manner prescribed by the commissioner of
any change in contact person within 10 working days of this change.
The notice shall include the name, title, office address, and telephone
number, facsimile number and email address of the new contact person.
(d) A certified self-insurer shall give notice to the
division in the form and manner prescribed by the commissioner at
least 30 days prior to any change in the claims contractor. The notice
shall include the name, title, office address, and telephone number,
facsimile number and email address of the person or persons appointed
to administer both the existing cases and the new cases and the location
or locations of records required to be kept and maintained pursuant
to Texas Labor Code, §407.082.
(e) A certified self-insurer shall notify the division
in the form and manner prescribed by the commissioner of any change
or expected change which will significantly alter the liability or
solvency of the certified self-insurer within 30 days of the certified
self-insurer's knowledge of the change.
(f) For purposes of §406.006 of the Texas Labor
Code, coverage takes effect upon approval by the commissioner. Approval
by the commissioner fulfills the certified self-insurer's requirement
to file notice of coverage and claim administration contact information
as required by §406.006.
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Source Note: The provisions of this §114.13 adopted to be effective January 1, 1993, 17 TexReg 7896; amended to be effective March 13, 2000, 25 TexReg 2088; amended to be effective January 6, 2019, 44 TexReg 99 |