Excess Workers’ Comp Program for Non-subscribers Launched in Texas
Safety National Casualty Corp., a Missouri-based provider of excess workers’ compensation insurance, has launched a new program for non-subscriber employers in Texas. This new program, TExcess, provides excess coverage over occupational injury benefit plans and liability protection for employers’ indemnity.
Safety National has been writing excess and deductible workers’ compensation coverage for self-insured employers since 1942. Employers that qualify to self-insure their workers’ compensation risks purchase excess coverage. Deductible programs allow larger employers the ability to retain some risk without the qualification process.
TExcess brings a similar concept to large employers that choose to opt out of the workers’ compensation system and become non-subscribers. TExcess provides comprehensive coverage over a self-insured retention similar to self-insurance and deductible programs. Safety National Casualty Corp. is a fully licensed property and casualty insurance carrier in the state of Texas.
SNCC is partnering with Colemont Insurance Agency to market this program in Texas. TExcess will be open to all agents. Colemont, with their 20 years of experience with non-subscribers in Texas, can provide agents with the necessary expertise to explain all the features and benefits of our program.
St. Louis-based Safety National Casualty Corp. offers a range of alternative risk funding products for workers’ compensation through independent insurance agents and brokers.