texas mutual insurance co News

Texas Homebuilder Workers’ Comp Group Distributing $500K to Members

Texas Homebuilder Workers’ Compensation Group (THB) announced that 2014 dividend payments to policyholders will total more than $500,000. The program is available only to homebuilders in Texas. Founded in 2004 by members of Hotchkiss Insurance Agency LLC, THB is headquartered …

Top Loss Leaders in the Oil Patch? Commercial Auto, Workers’ Comp

There’s no doubt that new advancements in the practice of hydraulic fracturing, or fracking, are driving the current production boom in the oil patch. The technique, which is used to retrieve oil and gas reservoirs that previously were inaccessible via …

Texas Mutual to Distribute $200M in Policyholder Dividends

Qualifying policyholder owners of Texas Mutual Insurance Co. will share a $200 million dividend distribution this year, the company’s board of directors announced after a unanimous vote on May 28, 2014. As a mutual company, Texas Mutual is owned by its …

Courts Order Combined $10K in Restitution to Texas Mutual

Travis County, Texas, district courts sentenced two men, in separate cases, on workers’ compensation fraud-related charges. The men collected a combined $9,928 in benefits they were not entitled to, according to Texas Mutual Insurance Co. Jose Rodrigo Ramirez-Valdez of Giddings …

Texas Man Pleads Guilty to Workers’ Comp Fraud; Ordered to Repay $806K

Texas Mutual Insurance Co. reported that Howard Douglas Whiddon of Dripping Springs pleaded guilty to workers’ compensation fraud-related charges in a Travis County district court. The court sentenced Whiddon to 10 years’ deferred adjudication and 160 hours of community service, …

Austin Insurance Professionals Hike Fundraising Goal; State Auto Offers Challenge

With an original goal of raising $300,000 for the United Way of Greater Austin, the response from area insurance professionals was so successful during the first six months of the campaign that the Insurance Industry Challenge upped its goal to …

San Antonio Man Sentenced for Workers’ Comp Fraud

Travis County district court sentenced Anthony Coleman Garza of San Antonio on workers’ compensation fraud-related charges, according to an announcement by Texas Mutual Insurance Co. The court sentenced Garza to deferred adjudication, including two years probated, and ordered Garza to …

Restaurant Safety Group Earns $670K Dividend from Texas Mutual Insurance

Texas Mutual Insurance Co. announced a $669,540 dividend to the Texas Restaurant Association (TRA) workers’ compensation safety group. The dividend was based largely on the group’s overall loss ratio. Since 1999, Texas Mutual has distributed nearly $20 million in safety …

Hill Named VP of Loss Prevention at Texas Mutual Insurance

Austin-based workers’ compensation insurance provider, Texas Mutual Insurance Co., has named Woody Hill its vice president of loss prevention. Hill will oversee the company’s ongoing initiative to deliver strategic workplace safety services that meet each of its 57,000 policyholders’ unique …

Texas Man Sentenced on Workers’ Comp Fraud

Texas Mutual Insurance Co. reported that a Travis County district court sentenced Terrance Hopkins of Tyler on workers’ compensation fraud-related charges. The court sentenced Hopkins to one year of deferred adjudication and ordered him to pay $3,673 in restitution to …