texas mutual News

Texas Mutual Plans $175M Policyholder Dividend Distribution

The policyholder owners of Texas Mutual Insurance Co. will share a $175 million dividend distribution this year, the company’s board of directors announced after a unanimous vote on May 7, 2013. This is the 15th consecutive year that the board …

Texas Mutual Wraps up $150M Dividend Distribution

Texas Mutual Insurance Co. t it is distributing approximately $1.8 million in workers’ compensation dividends. Approximately 3,000 new policyholders earned dividends based largely on their workplace safety and claim management records. These dividends represent the final component of Texas Mutual’s …

Social Service Agencies Earns $281K Dividend from Texas Mutual

Texas Mutual Insurance Co., working in partnership with Care Providers Insurance Services, announced today that the Social Service Agencies of Texas (SSA) safety group has earned a $280,638 dividend. The workers’ compensation dividend was based largely on the group’s overall …

Texas Mutual Pays $355K Dividend to Apartment Group

Texas Mutual Insurance Company announced that the Texas Apartment Association (TAA) safety group earned a $355,922 dividend. The workers’ compensation dividend was based largely on the group’s overall safety record. Since 2009, Texas Mutual has paid nearly $1.2 million in …

Texas Mutual to Distribute $150M Policyholder Dividend

Texas Mutual Insurance Co.’s board of directors has approved the company’s plan to distribute $150 million in workers’ compensation dividends. This marks the 14th consecutive year the board has approved a dividend distribution to qualifying policyholder owners. By the end …

Schools, Manufacturers Earn Combined $1M in Texas Mutual Dividends

Texas Mutual Insurance Co. announced that the Texas Schools Group and Texas Association of Manufacturers safety groups earned a combined $1,094,336 in dividends. The workers’ compensation dividends were based largely on each group’s overall loss ratio. The largest dividend, $780,305, …

Texas Mutual Insurance Co. Names Huckaby General Auditor

Workers’ compensation insurance provider Texas Mutual Insurance Co. has named Bill Huckaby as its new general auditor. Huckaby previously served as the company’s senior manager of finance and operations auditing. In his new role, Huckaby will report directly to Texas …

Texas Mutual Adds Jackson as Sr. Manager of Underwriting, Marketing

Workers’ compensation insurance provider Texas Mutual Insurance Co. has hired Bill Jackson as senior manager of underwriting and marketing in Dallas. Jackson will be responsible for managing marketing and underwriting policies and procedures in Texas Mutual’s Dallas regional office. In …

Texas Business Pleads Guilty to Hiding Payroll

A Midland, Texas-based company has pleaded guilty to misrepresenting the payroll of an affiliated firm, according to workers’ compensation insurer Texas Mutual Insurance Co. AB Abatement Inc. of Midland, pled guilty to charges that it misrepresented the numbers of employees …

Texas High Court Reaffirms Bar Against Policyholder Negligence Claims

In a decision that workers’ compensation experts say is good for Texas employees and employers alike, the Supreme Court of Texas issued a unanimous opinion on January 27, 2012, that bars negligence claims against policyholders. The Port Elevator-Brownsville v. Casados …