For 72 years, Texas’ businesses have had enjoyed an option afforded to those of no other state: to forego covering employee injuries under their statutory workers’ compensation program.
California businesses take notice: New state laws will soon affect minimum wage, leave, wage equality, reasonable accommodation and motor carrier requirements. Affected businesses need to stay ahead of the changes or face the consequences.
Companies today are in a continual state of change to maintain competitiveness. As a result, new processes and variables find their way into the company and can change the dynamics of a company. Planning and anticipation are key activities for just about every phase of business, including dealing with the potential for employee injuries.
With compensation claims growing over 17% in the last 6 years in the state of Texas, it's important to ensure your company is protected. But what type of coverage is right for your business? Well, if you're a Texas business owner and you have questions concerning the differences between Workers' Compensation and Occupational Accident Insurance, you're not alone. This infographic provides valuable insights and compelling statistics about Workers' Compensation and Occupational Accident for Texas Business owners.