1. (a) A self-insurer may have its certificate revoked due to:

   1. (1) failure to maintain financial strength;
   2. (2) failure to implement and maintain an effective safety program;
   3. (3) failure to maintain acceptable claim services;
   4. (4) failure to obtain and maintain required security;
   5. (5) failure to obtain and maintain excess insurance as required by the director;
   6. (6) failure to file any required annual or interim report required under §114.12 of this title (relating to Required Annual Reports);
   7. (7) unreasonable refusal to make information available as required under of §114.11 this title (relating to Audit and Inspection Program);
   8. (8) failure to provide notice as required in §114.13 of this title (relating to Required Notices to the Director); or
   9. (9) failure to comply with any provision of the Act or with any commission rule.
2. (b) The director may require a self-insurer whose certificate has been revoked or withdrawn to provide a report setting forth the present status of all open claims.
3. (c) Pursuant to the Texas Labor Code, §§407.046, 407.047, and 407.082, the director shall continue to audit the claims of any self-insurer whose certificate has been revoked or withdrawn.
4. (d) The commission may exercise its right to request a hearing pursuant to §145.24 of this title (relating to Special Provisions for Imposing Sanctions Pursuant to the Act, §2.09(f)) or pursuant to §148.3 of this title (relating to Requesting a Hearing) as applicable.

Source Note:The provisions of this §114.15 adopted to be effective January 1, 1993, 17 TexReg 7896; amended to be effective December 4, 1995, 20 TexReg 9698.