2014-10-09T14:24:00-06:00 2013-12-31 990 2013-01-01 742615873 TEXAS MUTUAL INSURANCE COMPANY TEXA 6210 EAST HIGHWAY 290 AUSTIN TX 78723 MIKE BARRON CFO 5122247972 2014-10-08 2013 2015-11-30 17:44:51Z MIKE BARRON 4643919506 false X WWW.TEXASMUTUAL.COM X MUTUAL 1991 TX ESTABLISHED BY TEXAS STATUTE TO SERVE AS A COMPETITIVE FORCE AND ACT AS THE WORKERS' COMPENSATION INSURER OF LAST RESORT. 9 9 901 -3897887 -3897887 0 844842754 989335921 246578376 266434089 264722 812677 1091685852 1256582687 0 0 77445183 82701889 0 0 845566181 928052435 923011364 1010754324 168674488 245828363 4890294385 5517176651 2955905382 3186694625 1934389003 2330482026 ESTABLISHED BY TEXAS STATUTE TO SERVE AS A COMPETITIVE FORCE AND ACT AS THE WORKERS' COMPENSATION INSURER OF LAST RESORT. false false 990148598 THE COMPANY WROTE 64844 POLICIES DURING 2013. AT THE END OF 2013 THE COMPANY HAD 58442 POLICIES IN FORCE COVERING APPROXIMATELY 1327785 TEXAS EMPLOYEES. OVER 45000 CLAIMS WERE RECEIVED AND PROCESSED DURING THE YEAR AND APPROXIMATELY 382 MILLION IN BENEFITS WERE PAID OUT TO INJURED WORKERS. false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false true 7752 0 true 901 true true true false false false false false X 9 9 false false false false false true true true true false true true false true true true true true true true false X MIKE BARRON 5122247972 6210 EAST HIGHWAY 290 AUSTIN TX 78723 ROBERT C BARNES DIRECTOR 2 X 66000 0 0 ERIC L OLIVER DIRECTOR 2 X 48500 0 0 LINDA FOSTER-SMITH DIRECTOR 2 X 49500 0 0 GEORGE WESCH JR DIRECTOR 2 X 23500 0 0 JAY L EISEN DIRECTOR 2 X 41750 0 0 DELIA REYES DIRECTOR 2 X 28000 0 0 BERNARD C FRANCIS DIRECTOR 2 X 28000 0 0 JOHN D SWANSON DIRECTOR 2 X 33000 0 0 TOMMY D PHILIPS DIRECTOR 2 X 42750 0 0 JOHN H YOUNG DIRECTOR 2 X 8500 0 0 RICHARD J GERGASKO PRESIDENT & CEO 40 X 450457 0 44465 LEONARD RANDALL JOHNSON SENIOR VICE PRESIDENT 40 X 346644 0 81244 PERRY MICHAEL BARRON CHIEF FINANCIAL OFFICER 40 X 351015 0 56431 WILLIAM ALLEN MCLELLAN SENIOR VICE PRESIDENT 40 X 352106 0 46023 MARY B NICHOLS GENERAL COUNSEL AND SENIOR VICE PRESIDENT 40 X 344355 0 45111 STEVEN MATH SENIOR VICE PRESIDENT 40 X 314852 0 52344 BENJAMIN JOEL TURNER SENIOR VICE PRESIDENT AND CHIEF ACTUARY 40 X 307644 0 74354 TERRY L FRAKES SENIOR VICE PRESIDENT 40 X 311345 0 36615 BRENDA J WARD SENIOR VICE PRESIDENT 40 X 277279 0 53099 JOSEPH ALBERT YURKOVICH SENIOR VICE PRESIDENT 40 X 269663 0 35458 LISA MARIE CORLESS FORMER CHIEF OPERATING OFFICER 40 X 274903 0 63730 RONALD O WRIGHT FORMER CHIEF EXECUTIVE OFFICER 40 X 448960 0 18557 CECILY A GALLAGHER FORMER CHIEF ACTUARY 40 X 201530 0 47139 TERRENCE L BUCHHEIT VICE PRESIDENT 40 X 260051 0 64723 DAVID W JOHN VICE PRESIDENT 40 X 243254 0 73324 KENNETH W LAUBER VICE PRESIDENT 40 X 239694 0 44711 MITCHELL D WALSH VICE PRESIDENT 40 X 234311 0 67870 LYNETTE T CALDWELL VICE PRESIDENT 40 X 230534 0 61574 JAMES R KOHLOFF VICE PRESIDENT 40 X 212053 0 61569 JODY ANN HEINS VICE PRESIDENT 40 X 231833 0 45142 KIM HAUGAARD VICE PRESIDENT 40 X 232724 0 54806 JEFFREY PAUL LENTZ VICE PRESIDENT 40 X 203314 0 64268 ERNEST W STOKEY VICE PRESIDENT 40 X 311478 0 44445 JO BETSY NORTON VICE PRESIDENT 40 X 216010 0 52180 PHOEBE ALEXIS SAMUELS TINNEY VICE PRESIDENT 40 X 174484 0 40561 TIMOTHY PATRICK RILEY VICE PRESIDENT 40 X 190841 0 38854 JEFFREY HIRAM SKAGGS FORMER VICE PRESIDENT 40 X 205311 0 43752 BILLY A JACKSON VICE PRESIDENT 40 X 160843 0 37199 BILL W HUCKABY GENERAL AUDITOR 40 X 162880 0 41655 DIANE MARIE STARKEY SENIOR MANAGER 40 X 172880 0 38925 MARTIN J LEIFKER SENIOR MANAGER 40 X 161464 0 51084 JEANNETTE A SPRAGUE SENIOR MANAGER 40 X 191194 0 51618 MYCHAEL V RITTERHOFF SENIOR MANAGER 40 X 165021 0 29750 MARGARET ANN WILSON SENIOR MANAGER 40 X 164862 0 31149 8985289 1693729 121 false true false COMBINED AGENTS OF AMERICA 6805 N CAPITAL OF TEXAS HWY SUITE 250 AUSTIN TX 78731 INDEPENDENT AGENCY 3484162 AMY WICK MARKETING COMMUNICATION 524 N LAMAR BLVD SUITE 202 AUSTIN TX 78703 ADVERTISING SERVICES 2655616 JOHN L WORTHAM SON LP 2727 ALLEN PARKWAY SUITE 2200 HOUSTON TX 77019 INDEPENDENT INSURANCE BROKER AND CONSULTING SERVICES 1762578 ARNOLD PLACEK PC 203 E MAIN STREET 201 ROUND ROCK TX 78664 LEGAL SERVICES 1210045 BANK OF AMERICA PO BOX 405874 ATLANTA GA 30384 FINANCIAL SERVICES 1103738 43 PREMIUMS EARNED 524150 989335921 989335921 989335921 149829840 149829840 3503817261 123806 3387321036 15782 116496225 108024 116604249 -3897887 120502136 FINANCE & SERVICE CHARGES 524150 469071 469071 RETROACTIVE REINSURANCE GAIN 524150 343606 343606 812677 1256582687 990148598 -3897887 270331976 9621071 55533214 4319708 8995526 4232370 1078339 738800 504021 11593934 9358932 3459144 3645220 10434066 4746125 1907603 236818 3433575 LOSSES INCURRED 520971406 POLICYHOLDER DIVIDEND 183181495 COMMISSION 136036895 TAXES LICENSES AND FEES 27500258 9225804 1010754324 0 0 0 211363 7494201 148671323 101345924 296977373 359982958 44105385 25229324 20319931 18876061 4230398172 4755217993 164036757 242945516 29679466 31313998 4890294385 5517176651 91085457 94598860 428272676 501127560 2436547249 2590968205 2955905382 3186694625 1934389003 2330482026 1934389003 2330482026 4890294385 5517176651 X 245828363 156373845 -6109185 X false false X false false 4078223 4078223 27180611 13171009 14009602 12846551 12058315 788236 18876061 LOOMIS SAYLES SENIOR LOAN FUND 54046999 F WESTERN HIGH YIELD 16877696 F WESTERN BANK LOANS 15089461 F WESTERN OPPORTUNISTIC INTL INV GRADE 3755923 F WESTERN ERMERGING MKTS CORP CREDIT PORTFOLIO 2462250 F WESTERN EMERGING MKTS LOCAL DEBT PORTFOLIO 4578701 F GOLUB CAPITAL PEARLS LP 14936588 F MARANON SENIOR CREDIT FUND II - A LP 15372118 F CLARION LION PROPERTIES FUND 81900000 F USAA EAGLE REAL ESTATE LP 22780704 F WESTERN OPPORTUNITSTIC STRUCTURED SECURITIES 11145076 F 242945516 LOSSES 2363782145 LOSS ADJUSTMENT EXPENSES 212104273 ADVANCED PREMIUMS 10450853 RETROACTIVE REINSURANCE RESERVE 1256921 AMOUNTS WITHHELDRETAINED BY COMPANY 3374013 2590968205 1256582687 1256582687 1256582687 1010754323 1010754323 1010754323 X X false true false RICHARD J GERGASKO 373313 77144 27327 17138 494922 LEONARD RANDALL JOHNSON 267475 57846 21323 52240 29004 427888 17869 PERRY MICHAEL BARRON 266324 54187 30505 27327 29104 407446 WILLIAM ALLEN MCLELLAN 262240 56824 33042 27327 18696 398129 MARY B NICHOLS 254850 55330 34175 27327 17784 389466 STEVEN E MATH 254051 56041 4760 45469 6876 367196 BENJAMIN JOEL TURNER 232131 41250 34263 47102 27252 381998 30027 TERRY FRAKES 227657 49854 33834 27327 9288 347960 BRENDA J WARD 204175 42458 30647 44531 8568 330379 21736 JOSEPH ALBERT YURKOVICH 179577 90086 20218 15240 305121 LISA MARIE CORLESS 106358 94801 73743 54755 8975 338633 RONALD O WRIGHT 50315 398644 15441 3116 467517 CECILY A GALLAGHER 77005 58232 66293 42669 4470 248669 TERRENCE L BUCHHEIT 197582 36130 26339 42808 21916 324774 21718 DAVID W JOHN 189258 34324 19672 40572 32752 316577 21333 KENNETH W LAUBER 184149 33640 21906 22676 22036 284406 MITCHELL D WALSH 181811 32894 19606 38766 29104 302182 16824 LYNETTE T CALDWELL 177729 32536 20269 38021 23553 292107 17742 JAMES R KOHLOFF 177045 32175 2833 32865 28704 273623 JODY ANN HEINS 175626 30699 25509 36574 8568 276975 16838 KIM HAUGAARD 175101 31499 26124 37018 17788 287529 21611 JEFFREY PAUL LENTZ 164738 30000 8575 34330 29939 267582 7441 ERNEST W STOKEY 163712 30185 117581 35457 8988 355923 108340 JO BETSY NORTON 163544 29807 22659 34392 17788 268189 18367 PHOEBE ALEXIS SAMUELS TINNEY 152883 21601 22253 18308 215046 TIMOTHY PATRICK RILEY 147600 27020 16221 30982 7872 229695 6699 DIANE MARIE STARKEY 145213 21243 6424 22408 16517 211805 9853 JEFFREY HIRAM SKAGGS 143551 20623 41137 22556 21196 249063 6546 BILLY A JACKSON 140604 19500 739 18503 18696 198042 MARTIN J LEIFKER 139935 20220 1309 21261 29824 212548 9040 BILL W HUCKABY 136598 19077 7205 20460 21196 204535 7887 JEANNETTE A SPRAGUE 139025 20089 32080 21791 29827 242811 38511 MYCHAEL V RITTERHOFF 137264 20080 7677 21182 8568 194771 8020 MARKGARET ANN WILSON 139314 20380 5169 21490 9659 196011 8193 PART VI LINE 7A THE COMPANY WAS ESTABLISHED BY TEXAS STATUE. THE COMPANY HAS A NINE-MEMBER BOARD OF DIRECTORS CONSISTING OF TEXAS BUSINESS EMPLOYERS. FIVE MEMBERS INCLUDING THE CHAIR ARE APPOINTED BY THE GOVERNOR OF TEXAS AND CONFIRMED BY THE SENATE. THE REMAINING FOUR MEMBERS ARE ELECTED BY THE POLICYHOLDERS. PART VI LINE 7B LEGISLATION PROHIBITS THE APPOINTMENT OR ELECTION OF ANY PERSON WHO HAS A POTENTIAL CONFLICT OF INTEREST BECAUSE OF OTHER INVOLVEMENT IN THE INSURANCE INDUSTRY. PART VI LINE 11 THE 990 TAX RETURN IS COMPLETED BY AN ACCOUNTANT IN THE FINANCIAL REPORTING DEPARTMENT USING WORKPAPERS AND VERIFICATION TO THE COMPANY'S ANNUAL STATEMENT AND AUDITED STATUTORY ANNUAL REPORT. THE RETURN IS REVIEWED BY MANAGEMENT PRIOR TO FILING THE RETURN. PART IV LINE 12C THE COMPANY'S CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. THE POLICY IS DISTRIBUTED TO ALL EMPLOYEES VIA A YEARLY PUBLICATIONS EMAIL. ALL EMPLOYEES ARE REQUIRED TO ACKNOWLEDGE RECEIPT BY PROVIDING AN ELECTRONIC SIGNATURE. PART VI LINE 15A ON AN ANNUAL BASIS COMPENSATION REIVEW DATA IS PERFORMED BY THE COMPANY'S HR DEPARTMENT FOR ALL BENCHMARK POSITIONS INCLUDING EXECUTIVE POSITIONS. THIS INFORMATION IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW. THE BOARD OF DIRECTORS APPROVES THE COMPENSATION PACKAGE FOR THE PRESIDENT AND GENERAL AUDITOR. PART VI LINE 15B THE PRESIDENT OR HIS DESIGNEE APPROVES THE PAY FOR ALL OTHER EMPLOYEES BASED ON COMPENSATION DATA PROVIDED BY HUMAN RESOURCES. PART VI LINE 19 ALL EXTERNAL REQUESTS FOR ORGANIZATION INFORMATION CAN BE OBTAINED THROUGH WRITTEN REQUESTS. ADDITIONALLY CERTAIN FINANCIAL INFORMATION IS AVAILABLE ON THE COMPANY'S WEBSITE. PART XI LINE 9 CHANGE IN NONADMITTED ASSETS (6092234) CHANGE IN PROVISION FOR REINSURANCE 4948 POST RETIREMENT MEDICAL PLAN (21899)