2013-11-15T11:46:00-05:00 2012-12-31 990 2012-01-01 742615873 TEXAS MUTUAL INSURANCE COMPANY TEXA 8008595995 6210 EAST HIGHWAY 290 AUSTIN TX 78723 MIKE BARRON 8008595995 2013-02-22 2012 2016-02-25 16:41:14Z TEXAS MUTUAL INSURANCE COMPANY MIKE BARRON 6210 EAST HIGHWAY 290 AUSTIN TX 78723 4094799407 false true 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 9 849 -2769953 -2769953 0 707485350 844842754 241371654 246578376 137451 264722 948994455 1091685852 0 0 75025815 77445183 0 0 734897957 845566181 809923772 923011364 139070683 168674488 4379959985 4890294385 2702743429 2955905382 1677216556 1934389003 ESTABLISHED BY TEXAS STATUTE TO SERVE AS A COMPETITIVE FORCE AND ACT AS THE WORKERS' COMPENSATION INSURER OF LAST RESORT. false false 524150 845107476 THE COMPANY WROTE 59940 POLICIES DURING 2012. AT THE END OF 2012 THE COMPANY HAD 54383 POLICIES IN FORCE COVERING APPROXIMATELY 1229832 TEXAS EMPLOYEES. OVER 45000 CLAIMS WERE RECEIVED AND PROCESSED DURING THE YEAR AND APPROXIMATELY 350 MILLION IN BENEFITS WERE PAID OUT TO INJURED WORKERS. false false false false false false false false true false false false true false false 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 7436 0 true 849 true false 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 SVP CFO 5122247972 6210 EAST HIGHWAY 290 AUSTIN TX 78723 ROBERT C BARNES 2 X 68500 0 0 ERIC L OLIVER 2 X 52000 0 0 LINDA FOSTER-SMITH 2 X 50500 0 0 GEORGE WESCH JR 2 X 50500 0 0 JAY L EISEN 2 X 50500 0 0 DELIA REYES 2 X 39500 0 0 BERNARD C FRANCIS 2 X 31500 0 0 JOHN D SWANSON 2 X 23000 0 0 TOMMY D PHILIPS 2 X 15500 0 0 RONALD O WRIGHT 40 X 673651 0 45110 LISA M CORLESS 40 X 436604 0 82097 MARY B NICHOLS 40 X 349770 0 44186 STEVEN E MATH 40 X 303256 0 52341 CECILY A GALLAGHER 40 X 345065 0 61375 TERRY L FRAKES 40 X 318334 0 35942 LEONARD R JOHNSON 40 X 340889 0 77973 BILL A MCLELLAN 40 X 446732 0 52826 PERRY M BARRON 40 X 434299 0 56426 BRENDA J WARD 40 X 258554 0 49636 BENJAMIN J TURNER 40 X 262146 0 71560 TERRENCE L BUCHHEIT 40 X 253068 0 63872 KENNETH W LAUBER 40 X 244323 0 45146 JEFFERY P LENTZ 40 X 233625 0 56435 DAVID W JOHN 40 X 231429 0 71166 JAMES R KOHLOFF 40 X 224249 0 53100 MITCHELL D WALSH 40 X 220416 0 64436 ERNEST W STOKEY 40 X 216671 0 43145 KIM HAUGAARD 40 X 215452 0 54648 LYNETTE T CALDWELL 40 X 211874 0 58506 JODY A HEINS 40 X 208835 0 42513 JO BETSY NORTON 40 X 196537 0 51868 TIMOTHY RILEY 40 X 185053 0 37841 DIANE M STARKEY 40 X 166614 0 38761 MYCHAEL V RITTERHOFF 40 X 161460 0 28866 MARGARET A WILSON 40 X 161406 0 30427 ALAN J CULLEN 40 X 160776 0 30499 EDWARD M COATES 40 X 157186 0 50519 TERRY J ELIASEN 40 X 233889 0 45691 8233663 1496911 101 true true false COMBINED AGENTS OF AMERICA 6805 N CAPITAL TEXAS HWY STE 250 AUSTIN TX 78731 INDEPENDENT AGENCY 2777699 AMY WICK MARKETING COMMUNICATION 524 N LAMAR BLVD STE 202 AUSTIN TX 78703 ADVERTISING SERVICES 2254401 LOOMIS SAYLES CO LP 111 E KILBOURN AVE 2700 MILWAUKEE WI 53202 INVESTMENT MANAGEMENT SERVICES 1866188 JOHN L WORTHAM SON LP 2727 ALLEM PKWY STE 2200 HOUSTON TX 77019 INDEPENDENT INSURANCE BROKER AND CONSULTING SERVICES 1663649 ARNOLD PLACEK PC 203 E MAIN ST 201 ROUND ROCK TX 78664 LEGAL SERVICES 1338180 39 PREMIUMS EARNED 524150 844842754 844842754 844842754 153541683 153541683 3095947848 202400 3003085674 27881 92862174 174519 93036693 -2769953 95806646 FINANCE & SERVICE CHARGES 524150 264722 264722 264722 1091685852 845107476 -2769953 249348329 8464482 53001379 4537491 7159018 4282813 798707 706513 90225 11708409 8617629 2941810 3376814 8722439 4728846 1566698 263753 3768185 LOSSES INCURRED 451342934 POLICYHOLDER DIVIDEND 163532087 COMMISSION 115603837 TAXES LICENSES AND FEES 25379908 42417387 923011364 0 0 0 23848794 211363 118152150 148671323 229599143 296977373 44549942 24230011 22304810 20319931 3888676647 4230398172 67738299 164036757 29640142 29679466 4379959985 4890294385 72434142 91085457 346110040 428272676 2284199247 2436547249 2702743429 2955905382 1677216556 1934389003 1677216556 1934389003 4379959985 4890294385 X 168674488 92534780 -4036821 X false true true false 1251018 2827205 4078223 27180611 11745498 15435113 13291108 12484513 806595 20319931 CLARION LION PROPERTIES FUND 73377516 C LOOMIS SAYLES SENIOR LOAN FUND 63415465 C WESTERN BANK LOANS 8632630 C WESTERN AST HIGH YIELD 7323151 C WESTERN ASSET EMERGING MKTS. LOCAL DEBT PORT 5025600 C WESTERN OPPORTUNISTIC INTL INV GRADE 3761000 C WESTERN ASSET EMERGING MKTS CORP CREDIT PORT 2501395 C 164036757 INVESTMENT INCOME DUE AND ACCRUED 29366720 GUARANTY FUNDS RECEIVABLE OR ON DEP 149181 MISCELLANEOUS ASSETS 163565 29679466 LOSSES 2192869160 LOSS ADJUSTMENT EXPENSES 229891250 AMTS WITHHELDRETAINED BY COMPANY 2966214 ADVANCED PREMIUMS 9156130 RETROACTIVE REINSURANCE RESERVE 1664495 2436547249 X X true true false false false false false false false false RONALD O WRIGHT 420406 150480 102764 26846 18264 718761 BILL A MCLELLAN 250878 54377 141477 26846 25980 499558 88485 LISA M CORLESS 319458 92700 24445 55795 26302 518701 19999 PERRY M BARRON 239663 52481 142156 26846 29580 490725 116784 MARY B NICHOLS 244633 53459 51679 26846 17340 393956 CECILY A GALLAGHER 251304 55992 37769 50599 10776 406440 30553 LEONARD R JOHNSON 255663 55755 29472 50433 27540 418862 26716 TERRY L FRAKES 221572 44868 51894 26846 9096 354276 STEVEN E MATH 247953 54408 894 44065 8276 355597 BRENDA J WARD 188131 41625 28799 41260 8376 308191 21582 BENJAMIN J TURNER 209169 37756 15221 44932 26628 333706 12204 TERRENCE L BUCHHEIT 191766 35003 26299 41609 22264 316940 24637 KENNETH W LAUBER 178123 32068 34131 22283 22864 289469 JEFFERY P LENTZ 160000 24000 49625 26455 29980 290060 6464 DAVID W JOHN 181829 32821 16780 38658 32508 302595 19986 JAMES R KOHLOFF 170585 17097 36567 25020 28080 277349 MITCHELL D WALSH 174150 31328 14939 36656 27780 284852 13213 ERNEST W STOKEY 160384 29449 26839 34169 8976 259816 18905 KIM HAUGAARD 166763 29999 18691 35108 19540 270100 18053 LYNETTE T CALDWELL 172498 30763 8613 36445 22061 270380 7593 JODY A HEINS 162473 29168 17194 34137 8376 251348 9765 JO BETSY NORTON 157959 28575 10003 32928 18940 248405 8566 TIMOTHY P RILEY 143673 26490 14889 30161 7680 222894 6968 DIANE M STARKEY 140983 20624 5007 22112 16649 205375 8741 MYCHAEL V RITTERHOFF 133266 19495 8699 20490 8376 190326 8969 MARGARET A WILSON 135158 19691 6557 20960 9467 191832 7931 ALAN J CULLEN 133648 19551 7577 20563 9936 191276 9447 EDWARD M COATES 132159 19824 5203 20938 29580 207704 7712 TERRY J ELIASEN 103530 17665 112693 22375 23316 279579 8674 01. MEMBER ELECTION FOR ADDITIONAL MEMBERS (PART VI LINE 7A) THE COMPANY WAS ESTABLISHED BY TEXAS STATUTE. THE COMPANY HAS NINE-MEMBER BOARD OF DIRECTORS CONSISTING OF TEXAS BUSINESS EMPLOYEES. FIVE MEMBERS INCLUDING THE CHAIR ARE APPOINTED BY THE GOVENOR OF TEXAS AND CONFIRMED BY THE SENATE. THE REMAINING FOUR BOARD MEMBERS ARE ELECTED BY THE POLICYHOLDERS. 02. GOVERNING BODY DECISIONS (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. 03. FORM 990 GOVERNING BODY REVIEW (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 REVIEWD BY MANAGEMENT PRIOR TO FILING THE RETURN. 04. CONFLICT OF INTEREST POLICY COMPLIANCE (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. 05. CEO EXECUTIVE DIRECTOR TOP MANAGEMENT COMPENSATION (PART VI LINE 15A) AN ANNUAL COMPENSATION REVIEW IS PERFORMED BY THE COMPANY'S HUMAN RESOURCES DEPARTMENT FOR ALL BENCHMARK POSITIONS INCLUDING EXECUTIVE POSITIONS. THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION PACKAGE FOR THE PRESIDENT AND THE GENERAL AUDITOR. 06. OTHER OFFICER OR KEY EMPLOYEE COMPENSATION (PART VI LINE 15B) THE PRESIDENT OR HIS DESIGNEE APPROVES THE PAY FOR ALL OTHER EMPLOYEES. 07. GOVERNING DOCUMENTS ETC. AVAILABLE TO PUBLIC (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. 08. EXPLANATION OF OTHER CHANGE IN NET ASSETS OR FUND BAL (PART XI LINE 9) CHANGE IN NONADMITTED ASSETS (2520694) CHANGE IN PROVISION FOR REINSURANCE (3768) POST RETIREMENT MEDICAL PLAN (1512359)