texas mutual insurance co News

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 …

Texas Mutual Wraps Up $175M Workers’ Comp Dividend Distribution

Texas Mutual Insurance Co. announced that it has begun distributing $2.6 million in workers’ compensation dividends among approximately 3,300 new policyholders. The money represents the final component of Texas Mutual’s $175 million dividend distribution in 2013. Dividends reward loyal policyholders …

Texas Mutual Pays $651K Dividend to CompGroup AGC

Texas Mutual Insurance Co. announced that the CompGroup AGC has earned a $651,166 workers’ compensation dividend. The dividend is based largely on group members’ collective workplace safety record. Qualifying CompGroup AGC members have shared in $16.5 million in Texas Mutual …

Texas Oil and Gas Association Earns $500K Texas Mutual Dividend

Texas Mutual Insurance Co. announced that the Texas Oil and Gas Association (TxOGA) has earned a $500,000 workers’ compensation dividend. “The Texas oil and gas industry is experiencing a resurgence, and our economy is reaping the benefits,” said Jim Sierra, …

Texas Business Found Guilty of Workers’ Comp Fraud

Texas Mutual Insurance Co. reported that a jury in Travis County found Ramco Group LLC guilty on workers’ compensation fraud-related charges. The district court ordered Ramco to pay restitution of $15,567, a $15,000 fine and court costs. The court also …

Medical Group Earns Nearly $1M Texas Mutual Dividend

Texas Mutual Insurance Company announced the Texas Medical Group (TMG) has earned a $972,604 workers’ compensation dividend. The dividend is based largely on the group’s collective workplace safety record. Qualifying TMG members have shared in $4.6 million in Texas Mutual …

Texas Business Indicted on Workers’ Comp Fraud Charges

A Travis County, Texas grand jury has indicted Mark Edward Helm and McClanahan Drywall Inc., of Emory, Texas, on workers’ compensation fraud-related charges. Helm was an officer of McClanahan Drywall Inc. and obtained workers’ comp coverage through Texas Mutual Insurance …

Texas Mutual Pays $175M Policyholder Dividend

Texas Mutual Insurance Co. announced it has begun distributing $175 million in dividends among approximately 40,000 policyholders. Dividends reward loyal policyholders who share the company’s commitment to preventing workplace accidents and helping injured workers get well and back on the …

Texas Mutual, VFIS of Texas Fund Safety Training for Rural Fire Departments

Workers’ compensation insurer, Texas Mutual Insurance Co., has partnered with VFIS of Texas, a provider of specialized insurance solutions for the emergency service industry, to create a grant program for rural fire departments. The program will fund safety training and …