texas mutual insurance co News

Appeals Court Affirms Texas Physician’s Workers’ Comp Fraud Conviction

The Third Court of Appeals in Austin, Texas, has affirmed a trial court’s 2014 conviction of Howard Douglas, III, M.D., of Frisco on felony fraud charges, according to Texas Mutual Insurance Co. Douglas was convicted and sentenced to five years’ …

Texas Mutual Board OKs $260M Policyholder Dividend

Texas Mutual Insurance Co. announced that its board of directors voted unanimously to approve a company-record $260 million dividend distribution in 2017. Qualifying policyholder owners across Texas will share the dividend, which will be distributed beginning in June. Texas Mutual …

Texas Mutual Insurance Awards $1M in Safety Grants to Community Colleges

Workers’ compensation insurer, Texas Mutual Insurance Co., has awarded a combined $1 million in grants to 10 community colleges across Texas. The grants fund workplace safety courses for employers, workers and the general public through the risk management programs at each college. Since …

Texas Mutual Launches e-Learning Tool for Policyholders

Workers’ compensation Texas Mutual Insurance Co. has launched a free workplace safety training tool for policyholders called e-Learning. e-Learning gives business owners access to a library of more than 200 modern, video-based training courses on a variety of workplace safety …

Texas Mutual Insurance, VFIS of Texas, Distribute $228K in Grants to First Responders

Workers’ compensation insurance provider, Texas Mutual Insurance Co., and VFIS of Texas have distributed $228,000 in grant money to 90 volunteer fire departments and nonprofit emergency medical service (EMS) organizations across the state of Texas. VFIS of Texas is the …

Texas Mutual: Judge Upholds State Regulation of Air Ambulances

A Texas district court judge in Austin has upheld the state’s right to regulate fees paid to air ambulances for transporting patients covered by workers’ compensation insurance, according to Texas Mutual Insurance Co. This case involved litigation over whether the …

4,000 Businesses Earn $3M in Texas Mutual Early Qualifier Dividends

Texas Mutual Insurance Co. has paid more than $3 million in early qualifier dividends to approximately 4,000 newer policyholders across the state. The payout is the final component of the workers’ compensation insurer’s $240 million dividend distribution in 2016. The …

Texas Mutual’s Gergasko Named Best Large Company CEO in Central Texas

Texas Mutual Insurance Co.’s president and chief executive officer (CEO), Rich Gergasko, has been named the 2016 Best CEO of a large company in Central Texas by the Austin Business Journal. The ABJ has presented the Best CEO awards for the past six …

Texas Mutual Virtual Reality Safety Training Module Wins Innovation Award

Workers’ compensation insurer, Texas Mutual Insurance Co., announced it has accepted the Strategy Meets Action (SMA) Innovation in Action Award for its development of Safety in a Box, which uses virtual reality (VR) technology for workplace safety training. The Innovation in …

Cattle Feeders Association Earns $716K Safety Dividend from Texas Mutual

Texas Mutual Insurance Co. has awarded a dividend of $176,118 to the Texas Cattle Feeders Association workers’ compensation safety group. The dividend was earned based on the group members’ dedication to making safety a priority in their businesses and therefore …