Costs And Benefits Of Opting Out Of Texas' Workers' Comp

Law360, New York (July 23, 2014, 10:13 AM EDT) -- Since it enacted its first workers' compensation law in 1913, Texas has made workers' compensation voluntary. Most private Texas employers have the choice of either subscribing to workers' compensation insurance or becoming a "nonsubscriber" to the system. Although nonsubscription has been an option for more than 100 years in Texas, it was not until the 1980s when workers' compensation insurance rates soared that many Texas businesses converted to nonsubscription....

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