2025 Session Last amended: 2017 session

§ 176.541 — State Departments

Plain-Language Summary

The workers' compensation self-insurance provisions allow employers to self-insure instead of buying a policy, but they must prove financial ability to pay claims and post security with the commissioner.

Practical Notes
If your employer self-insures for workers’ comp instead of buying insurance, they must prove they have enough money to pay claims and post a bond with the state as a guarantee.