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 workers’ compensation coverage to Bar H Concrete, owned by Charles Rick Henderson and John Herbert Heilman of Sulphur Springs, from Jan. 11, 2005, to Jan. 11, 2009. During that time, Bar H Concrete concealed payroll through a related company that was not disclosed to Texas Mutual.
Because workers’ compensation insurance premium is based, in part, on payroll, this type of scheme results in an employer being charged a lower premium than it actually owes.
Source: Texas Mutual Insurance Co.
Topics Texas Workers' Compensation
Was this article valuable?
Here are more articles you may enjoy.
Brookfield Targets Global Dominance in P/C Insurance Coverage
Man Sentenced for Flashing Three Insurance Agencies in Georgia
Aon Adds to List of Brokers Suing Howden US for Alleged Poaching, Theft
Chubb, The Hartford, Liberty and Travelers Team Up on Surety Tech Launch 

