Response to Dallas-based Hotchkiss Insurance Agency’s (HIA) newly created Texas Green Industry (TGI) purchasing group has exceeded all expectations, according to Texas Mutual Insurance Company, the group’s underwriting carrier.
TGI, which includes growers, landscape contractors, nurseries, and other green industry businesses, provides qualifying members with a competitive option for their workers’ compensation coverage.
HIA set up the group in February and requested that the Department of Insurance designate the group as an “open” program. Open program groups allow any Texas insurance agent to place a qualifying client into the group. In its first six months, the group has grown to approximately $1 million in premium. Texas Mutual account executive Sandra Wyatt said she has reviewed dozens of e-mail requests for additional information about the group, resulting in the placement of multiple new accounts in the group. Many other green industry employers have indicated a desire to be moved to the group at their expiration date.
“The green industry is a $9.6 billion powerhouse in Texas,” said Doug Hotchkiss, HIA president. “As a whole, the Texas green industry has an excellent loss ratio which can be directly attributed to the commitment to professionalism and safety exhibited by many of the TGI employers.”
Texas Mutual will apply the same premium discount to each Texas Green Industry Group member, regardless of its individual premium size. The safety program will also give group members the opportunity to earn potential group dividends, in addition to any general dividends that their businesses may qualify for individually. Group members also will benefit from expert claim and loss prevention services, including a Texas Mutual safety plan developed specifically for green industry businesses.
For more information about the Texas Green Industry Group, contact Susan Shahon at HIA by e-mail at sshahon@hiainc.com or by phone at (972) 512-7760.
For a list of qualifying TDI classification codes for the Texas Green Industry Group or for more information about Texas Mutual purchasing groups in general, go to www.texasmutual.com/agents/group.shtm.
Topics Texas
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