By: Smithee H.B. No. 717
73R585 PB-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to qualified claims servicing contractors for workers'
1-3 compensation insurance offered by certified self-insurers.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 3.51(5), Texas Workers' Compensation Act
1-6 (Article 8308-3.51, Vernon's Texas Civil Statutes), is amended to
1-7 read as follows:
1-8 (5)<(A)> "Qualified claims servicing contractor"
1-9 means:
1-10 (A) <(i)> an insurance company authorized by the
1-11 State Board of Insurance to write workers' compensation insurance;
1-12 (B) <(ii)> a subsidiary of an insurance company
1-13 that provides claims service under contract; or
1-14 (C) <(iii)> a third party administrator or
1-15 certified self-insurer that has on the administrator's or
1-16 self-insurer's <its> staff an individual licensed under Chapter
1-17 407, Acts of the 63rd Legislature, Regular Session, 1973 (Article
1-18 21.07-4, Vernon's Texas Insurance Code).
1-19 <(B) A qualified claims servicing contractor
1-20 must be a separate business entity from the certified
1-21 self-insurer.>
1-22 SECTION 2. This Act takes effect September 1, 1993.
1-23 SECTION 3. The importance of this legislation and the
1-24 crowded condition of the calendars in both houses create an
2-1 emergency and an imperative public necessity that the
2-2 constitutional rule requiring bills to be read on three several
2-3 days in each house be suspended, and this rule is hereby suspended.