2011-05-11T16:26:00-06:00 2010-12-31 990 2010-01-01 742615873 TEXAS MUTUAL INSURANCE COMPANY TEXA 5122243800 6210 EAST HIGHWAY 290 AUSTIN TX 78723 MIKE BARRON 5122243800 2011-04-20 2010 2016-02-24 21:20:13Z TEXAS MUTUAL INSURANCE COMPANY MIKE BARRON 6210 EAST HIGHWAY 290 AUSTIN TX 78723 4306942090 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 THE LAST RESORT. 9 9 823 3902 2902 0 648194151 623062533 174336682 248024986 -451818 37795 822079015 871125314 0 0 73934297 74707065 0 0 579318664 601949978 653252961 676657043 168826054 194468271 3827252765 4720886660 2513581293 3110707890 1313671472 1610178770 ESTABLISHED BY TX STATUTE TO SERVE AS A COMPETITIVE FORCE AND ACT AS THE WORKERS' COMPENSATION INSURER OF THE LAST RESORT. false false 524150 623100328 THE COMPANY WROTE 53836 WORKER'S COMPENSATION POLICIES DURING 2010. AT THE END OF 2010 THE COMPANY HAD 49270 POLICIES IN FORCE COVERING APPROXIMATELY 985000 TEXAS EMPLOYEES. OVER 36000 CLAIMS WERE RECEIVED AND PROCESSED DURING THE YEAR AND APPROXIMATELY 291 MILLION IN BENEFITS WERE PAID OUT TO INJURED WORKERS. THE COMPANY'S AGGRESSIVE PURSUIT OF SYSTEM FRAUD RESULTED IN 12 CLAIMANT INDICTMENTS AND 9 CLAIMANT FRAUD CONVICTIONS. false 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 false true 7267 0 true 823 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 - SVP - FINANCIAL SERVI 5122247972 6210 EAST HIGHWAY 290 AUSTIN TX 78723 ROBERT C BARNES 2 X 45000 0 0 ERIC L OLIVER 2 X 39500 0 0 LINDA FOSTER-SMITH 2 X 33500 0 0 RICHARD COOPER 2 X 33500 0 0 GEORGE WESCH JR 2 X 33500 0 0 DELIA REYES 2 X 30500 0 0 JAY L EISEN 2 X 25500 0 0 JUDY BROUSSARD 2 X 22500 0 0 BERNARD C FRANCIS 2 X 22500 0 0 RONALD O WRIGHT 40 X 527866 0 40249 CECILY A GALLAGHER 40 X 284566 0 59738 LISA M CORLESS 40 X 371492 0 69776 STEVEN E MATH 40 X 292485 0 39944 TERRY L FRAKES 40 X 282325 0 34249 MARY B NICHOLS 40 X 349016 0 42617 BILL A MCLELLAN 40 X 274506 0 62572 PERRY M BARRON 40 X 264837 0 72103 LEONARD R JOHNSON 40 X 271879 0 68622 ELLIOT S FLOOD 40 X 234806 0 55566 BENJAMIN J TURNER 40 X 223992 0 59281 TERRENCE L BUCHHEIT 40 X 208066 0 56408 KENNETH W LAUBER 40 X 241493 0 52910 DAVID W JOHN 40 X 192982 0 58487 LYNETTE T CALDWELL 40 X 187519 0 41401 MITCHELL D WALSH 40 X 184105 0 55880 BRENDA J WARD 40 X 186461 0 38898 ERNEST W STOKEY 40 X 186740 0 38737 KIM HAUGAARD 40 X 177123 0 48164 JO BETSY NORTON 40 X 172808 0 41486 JODY A HEINS 40 X 173662 0 29281 TIMOTHY P RILEY 40 X 165482 0 33818 TERRY J ELIASEN 40 X 136032 0 48463 DIANE M STARKEY 40 X 145602 0 33915 MARGARET A WILSON 40 X 139225 0 25602 MYCHAEL V RITTERHOFF 40 X 140351 0 25488 STEPHEN BILLS 40 X 140075 0 22027 CARY B HARVEY 40 X 187629 0 11840 MICHAEL G DILEO 40 X 240702 0 38294 6869827 1305816 87 true true false COMBINED AGENTS OF AMERICA 6805 N CAPITAL OF TEXAS HWY STE 2 AUSTIN TX 78731 INDEPENDENT AGENCY 2430588 AMY WICK MARKETING COMMUNICATION 524 N LAMAR BLVD STE 202 AUSTIN TX 78703 ADVERTISING SERVICES 2267828 ARNOLD PLACEK PC 203 E MAIN ST 201 ROUND ROCK TX 78664 LEGAL SERVICES 1321935 LOOMIS SAYLES CO LP 111 E KILBOURN AVE 2700 MILWAUKEE WI 53202 INVESTMENT MANAGEMENT SERVICES 1202935 SWANTNER GORDON INSURANCE 500 N SHORELINE BLVD STE 1200 CORPUS CHRISTI TX 78471 CONSULTING SERVICES 1032068 41 PREMIUMS EARNED 524150 623062533 623062533 623062533 163116357 163116357 3520565642 159763 3435791201 25575 84774441 134188 84908629 3902 84904726 FINANCE & SERVICE CHARGES 524150 37795 37795 37795 871125314 623100328 3902 248021083 8175641 50087394 4212278 8137726 4094026 763578 786328 135000 6864988 8237506 2839518 3500766 6907169 4397319 1229492 255536 4292115 LOSSES INCURRED 343545321 POLICYHOLDER DIVIDEND 115974179 COMMISSION 75459565 TAXES LICENSES AND FEES 16052611 CLAIM ADJUSTMENT SERVICES 7816798 2892189 676657043 0 0 0 -10609321 -6854117 108242042 107318711 194763595 189646061 45423654 21270119 26783061 24153535 3431327548 4295911153 45681005 80755244 31064835 29956073 3827252765 4720886660 65386306 56545706 332948677 311849096 2115246310 2742313088 2513581293 3110707890 1313671472 1610178770 1313671472 1610178770 3827252765 4720886660 X 194468271 102039027 X false true true X false false 1251018 2827205 4078223 26760078 8927378 17832700 14585353 12342741 2242612 24153535 LOSSES 1997540522 LOSS ADJUSTMENT EXPENSES 183449948 AMTS WITHHELDRETAINED BY CO. 1552118 PAYABLES FOR SECURITIES LENDING 549328034 RETROACTIVE REINSURANCE RESERVE 1918265 ADVANCED PREMIUMS 8524201 2742313088 X X true true false MICHAEL G DILEO 160058 80644 16970 21324 278996 CARY B HARVEY 69310 13919 104400 10748 1092 199468 RONALD O WRIGHT 382327 81506 64032 26353 13896 568115 LISA M CORLESS 300000 65438 6054 48131 21646 441268 MARY B NICHOLS 230172 40042 78802 26353 16264 391632 53490 STEVEN E MATH 235000 12605 44880 26248 13696 332429 CECILY A GALLAGHER 240991 38559 5016 48863 10876 344304 TERRY L FRAKES 216301 38017 28006 26353 7896 316574 LEONARD R JOHNSON 232741 36081 3058 44898 23724 340502 BILL A MCLELLAN 228163 39085 7258 46984 15588 337078 PERRY M BARRON 223408 38817 2612 46531 25572 336940 ELLIOTT S FLOOD 194048 34153 6605 34242 21324 290371 BENJAMIN J TURNER 194420 26286 3285 36349 22932 283273 TERRENCE L BUCHHEIT 179342 26128 2596 37420 18988 264473 KENNETH W LAUBER 164270 19490 57733 33322 19588 294403 40622 DAVID W JOHN 166876 24113 1992 34408 24079 251469 LYNETTE CALDWELL 158952 22875 5692 32528 8873 228920 MITCHELL D WALSH 159590 21560 2955 32540 23340 239985 BRENDA J WARD 157225 21684 7552 32022 6876 225359 ERNEST W STOKEY 155911 22437 8392 31861 6876 225477 KIM HAUGAARD 154313 21376 1433 31301 16864 225287 JO BETSY NORTON 147297 21548 3964 26822 14664 214294 JODY A HEINS 145379 20670 7613 29281 202942 TIMOTHY P RILEY 136918 20112 8451 27542 6276 199301 TERRY J ELIASEN 122354 17631 -3952 25639 22824 184495 DIANE M STARKEY 133026 15658 -3081 19942 13973 179517 MARGARET A WILSON 126876 14848 -2498 17395 8207 164827 MYCHAEL V RITTERHOFF 125616 14701 35 18612 6876 165839 STEPHEN BILLS 114235 12341 13499 15151 6876 162102 4061 PART VI SECTION A 7(A) & (B) - THE COMPANY WAS ESTABLISHED BY TEXAS STATUTE. THE COMPANY HAS 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 BOARD MEMBERS ARE ELECTED BY THE POLICYHOLDERS. 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 SECTION B 11(B) - 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 VI SECTION B 12(A)-(C) - 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 SECTION B 15(A) & (B) - 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 GENERAL AUDITOR. THE PRESIDENT OR HIS DESIGNEE APPROVES THE PAY FOR ALL OTHER EMPLOYEES. PART VI SECTION C 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 5 - CHANGE IN NET UNREALIZED CAPITAL GAINS 94987944 CHANGE IN NET UNREALIZED FOREIGN EXCHANGE CAPITAL GAINS 5680052 CHANGE IN NONADMITTED ASSETS 1382585 POST RETIREMENT MEDICAL PLAN (11554) PART V 3(B) - THIS TAX RETURN WILL BE SUBMITTED VIA EFILE. THE 990T WILL BE SUBMITTED VIA MAIL.