Texas Mutual Insurance Co. announced a $450,058 workers’ compensation dividend to the National Federation of Independent Business (NFIB) construction safety group. The dividend was based largely on the safety group’s overall loss ratio. Members of the NFIB construction safety group …
Texas Mutual Insurance Co. announced that four workers’ compensation safety groups have earned a combined $690,036 in dividends: Texas Recreation Group, $278,353; Texas Construction Supply, $200,752; Texas Green Industry, $133,453; AgriComp, $77,478. The dividends were based largely on each group’s …
Workers’ compensation provider Texas Mutual Insurance Co. announced that its board of directors has elected two new officers — Linda Foster-Smith of Georgetown and Jay Eisen of Beaumont. Foster-Smith has been appointed as the new vice chair of the board. …
Texas Mutual Insurance Co. has promoted Jeff Lentz from senior manager of underwriting and marketing to vice president of underwriting. In his new role, Lentz will be responsible for directing underwriting policies and procedures. He joined Texas Mutual in 2004 …
Texas Mutual Insurance Co. announced it has begun distributing about $1.5 million in workers’ compensation dividends among approximately 2,800 new policyholders. The early-qualifier dividends represent the final component of Texas Mutual’s $155 million 2011 dividend distribution, the company said. Approximately …
Texas Mutual Insurance Co. announced a new workers’ compensation safety group: Texas Alliance of Energy Producers (TAEP). The group is open to qualifying businesses in the oil and gas production industry. Members of the TAEP safety group have access to …
The Texas Supreme Court has concluded that while bad faith claims against workers’ compensation carriers are not permissible under the state’s Insurance Code, claims made under the Code against insurers for policy misrepresentation are allowable. With its decision in Texas …
Texas Mutual Insurance Co. reported that Bar H Concrete Inc. of Sulphur Springs pleaded guilty to workers’ compensation fraud-related charges. A Travis County district court ordered Bar H Concrete to pay $300,000 in restitution to Texas Mutual. Texas Mutual provided …
Texas Mutual Insurance Co. announced it is distributing to policyholders $155 million in workers’ compensation dividends. Texas Mutual estimates that about 77 percent of its policyholders will earn a dividend based largely on their premium sizes, workplace safety records and …
Texas Mutual Insurance Company reported that a Travis County district court sentenced Ellynn A. Ogilvie of Houston to five years of probation, 450 community service hours and a $2,000 fine for workers’ compensation fraud-related charges. Ogilvie, who owned United Crane …
