Texas Mutual Insurance Co. announced that a Travis County district court sentenced Cheryl Bussey of Mansfield, Texas, on workers’ compensation fraud-related charges. Bussey was sentenced to 10 years’ deferred adjudication and ordered to repay $103,851 to Texas Mutual.
Bussey was the owner of Trans X Corp, a temporary employment agency in Arlington, Texas. Bussey was involved in a scheme to conceal the number of employees and annual payroll of Trans X Corp from Texas Mutual.
Because workers’ compensation insurance premium is based in part on payroll, such a scheme results in a business paying less premium than it actually owes. By paying less premium, an employer can gain an unfair advantage over competitors.
Source: Texas Mutual Insurance Co.
Was this article valuable?
Here are more articles you may enjoy.
Swiss Re Shares Drop After New Profit Target Falls Short of Expectations
One of Highest Property Claims Severity Recorded in Q3 on Low Volume, Says Verisk
State Farm Sued Over Policies Backed by Distressed Insurer PHL
Viewpoint: Agentic AI Is Coming to Insurance Industry – Much Faster Than You Think 

