Sec. 4151.254. AGREEMENTS BETWEEN ADMINISTRATORS AND EMPLOYERS. (a) In addition to the contract required by Section 4151.253, an administrator may also enter into a contract with an employer in connection with workers' compensation benefits for collecting premium or contributions, adjusting claims, or settling claims, including an employer purchasing a policy authorized under Section 2053.202(b).
(b) A contract entered into under Subsection (a) must provide that:
(1) the contract does not limit or modify in any way:
(A) the insurance carrier's authority or responsibility, including financial responsibility, to comply with each statutory or regulatory requirement; and
(B) the provisions of the contract entered into between the administrator and the insurance carrier under Section 4151.253; and
(2) the administrator shall comply with each statutory or regulatory requirement relating to a function assumed by or carried out by the administrator.
Added by Acts 2007, 80th Leg., R.S., Ch. 1176 (H.B. 472), Sec. 1.20, eff. September 1, 2007.
Structure Texas Statutes
Title 13 - Regulation of Professionals
Subtitle D - Other Professionals
Chapter 4151 - Third-Party Administrators
Subchapter F. Workers' Compensation Benefit Plans
Section 4151.253. Agreements Between Administrators and Carriers
Section 4151.254. Agreements Between Administrators and Employers
Section 4151.255. Administrator Compensation