2012-05-10T12:16:00-06:00 2011-12-31 990 2011-01-01 742615873 TEXAS MUTUAL INSURANCE COMPANY TEXA 8008595995 6210 EAST HIGHWAY 290 AUSTIN TX 78723 MIKE BARRON 8008595995 2012-04-17 2011 2016-02-24 21:20:13Z TEXAS MUTUAL INSURANCE COMPANY MIKE BARRON 6210 EAST HIGHWAY 290 AUSTIN TX 78723 4042900916 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. 7 7 829 0 0 623062533 707485350 248024986 241371654 37795 137451 871125314 948994455 0 0 74707065 75025815 0 0 601949978 734897957 676657043 809923772 194468271 139070683 4720886660 4379959985 3110707890 2702743429 1610178770 1677216556 ESTABLISHED BY TEXAS STATUTE TO SERVE AS A COMPETITIVE FORCE AND ACT AS THE WORKERS' COMPENSATION INSURER OF LAST RESORT. false false 707622801 THE COMPANY WROTE 56136 POLICIES DURING 2011. AT THE END OF 2011 THE COMPANY HAS 51093 POLICIES IN FORCE COVERING APPROXIMATELY 1061000 TEXAS EMPLOYEES. OVER 40000 CLAIMS WERE RECEIVED AND PROCESSED DURING THE YEAR AND APPROXIMATELY 322 MILLION IN BENEFITS WERE PAID OUT TO INJURED WORKERS. THE COMPANY'S AGGRESSIVE PURSUIT OF SYSTEM FRAUD RESULTED IN 4 CLAIMANT INDICTMENTS AND 10 CLAIMANT FRAUD CONVICTIONS DURING THE YEAR. 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 7525 0 true 829 true false false false false false false X 7 7 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 2 X 43500 0 0 ERIC L OLIVER 2 X 37500 0 0 DELIA REYES 2 X 33000 0 0 LINDA FOSTER-SMITH 2 X 32000 0 0 JAY L EISEN 2 X 30250 0 0 GEORGE WESCH JR 2 X 29500 0 0 BERNARD C FRANCIS 2 X 24000 0 0 RONALD O WRIGHT 40 X 573310 0 44005 LISA M CORELESS 40 X 401111 0 78699 CECILY A GALLAGHER 40 X 316055 0 60417 LEONARD R JOHNSON 40 X 310510 0 75375 MARY B NICHOLS 40 X 308913 0 44801 BILL A MCLELLAN 40 X 304915 0 73449 TERRY L FRAKES 40 X 295231 0 41521 PERRY M BARRON 40 X 293599 0 76047 STEVEN E MATH 40 X 289446 0 47885 BRENDA J WARD 40 X 217818 0 44219 BENJAMIN J TURNER 40 X 235707 0 64776 TERRENCE L BUCHHEIT 40 X 229440 0 61059 KENNETH W LAUBER 40 X 212789 0 42887 DAVID W JOHN 40 X 209544 0 66483 MITCHELL D WALSH 40 X 200487 0 60901 ERNEST W STOKEY 40 X 199662 0 41827 LYNETTE T CALDWELL 40 X 197854 0 52405 JODY A HEINS 40 X 190026 0 39712 KIM HAUGAARD 40 X 189607 0 51391 JO BETSY NORTON 40 X 178741 0 46014 TIMOTHY P RILEY 40 X 173927 0 36233 JEFFERY P LENTZ 40 X 150885 0 48550 DIANE M STARKEY 40 X 155632 0 36577 MYCHAEL V RITTERHOFF 40 X 150538 0 27760 MARGARET A WILSON 40 X 146101 0 29567 ALAN J CULLEN 40 X 145510 0 33910 EDWARD M COATES 40 X 144939 0 48434 ELLIOTT S FLOOD 40 X 217413 0 45065 JUDY BROUSSARD 2 X 13500 0 0 RICHARD COOPER 2 X 10500 0 0 6893460 1419969 96 true true false LOOMIS SAYLES CO LP 111 E KILBURN AVE 2700 MILWAUKEE WI 53202 INVESTMENT MANAGEMENT SERVICES 2702012 AMY WICK MARKETING COMMUNICATIONS 524 N LAMAR BLVD STE 202 AUSTIN TX 78703 ADVERTISING SERVICES 2257824 GRAVES DOUGHERTY HEARON PO BOX 98 AUSTIN TX 78767 LEGAL SERVICES 1486154 ARNOLD PLACEK PC 203 E MAIN ST 201 ROUND ROCK TX 78664 LEGAL SERVICES 1300661 COMBINED AGENTS OF AMERICA 6805 N CAPITAL OF TEXAS HWY STE 2 AUSTIN TX 78731 INDEPENDENT AGENCY 1172450 46 PREMIUMS EARNED 524150 707485350 707485350 707485350 155063266 155063266 3179207361 1007488 3093132897 773564 86074464 233924 86308388 86308388 FINANCE & SERVICE CHARGE 524150 137451 137451 137451 948994455 707622801 0 241371654 8313431 51690091 4086195 6834702 4101396 903159 692173 140000 9792518 8406145 2874844 3387490 7577493 4371951 1032116 254178 4052466 LOSSES INCURRED 354761301 POLICYHOLDER DIVIDEND 169164102 COMMISSION 97279559 TAXES LICENSES AND FEES 19325433 50883029 809923772 0 0 0 -6854117 23848794 107318711 118152150 189646061 229599143 45538939 23234129 24153535 22304810 4295911153 3888676647 80755244 67738299 29956073 29640142 4720886660 4379959985 56545706 72434142 311849096 346110040 2742313088 2284199247 3110707890 2702743429 1610178770 1677216556 1610178770 1677216556 4720886660 4379959985 X 139070683 -72032897 X false true true X false false 1251018 2827205 4078223 27121186 10321904 16799282 14339530 12912225 1427305 22304810 OTHER INVESTED ASSET 67738299 67738299 INVESTMENT INCOME DUE AND ACCRUED 28924501 GUARANTY FUNDS RECEIVABLE OR ON DEP 517036 MISCELLANEOUS ASSETS 198605 29640142 LOSSES 2060677303 LOSS ADJUSTMENT EXPENSES 210968033 AMTS WITHHELDRETAINED BY COMPANY 1876238 ADVANCED PREMIUMS 8936743 RETROACTIVE REINSURANCE RESERVE 1740930 2284199247 X X false true false RONALD O WRIGHT 399951 115642 57717 26353 17652 617315 LISA M CORLESS 307615 78957 14539 53261 25438 479810 -9765 CECILY A GALLAGHER 247811 49104 19140 48717 11700 376472 -13082 LEONARD R JOHNSON 246600 48233 15677 47859 27516 385885 -13689 MARY B NICHOLS 236669 46974 25270 26353 18448 353714 BILL A MCLELLAN 239905 46688 18322 47733 25716 378364 -13017 TERRY L FRAKES 220903 44064 30264 26353 15168 336752 PERRY M BARRON 231952 45603 16044 47331 28716 369646 -13779 STEVEN E MATH 240767 46217 2462 41209 6676 337331 BRENDA J WARD 180905 25413 11500 36119 8100 262037 -4209 BENJAMIN J TURNER 200491 33079 2137 38052 26724 300483 TERRENCE L BUCHHEIT 185695 30474 13271 39407 21652 290499 -11392 KENNETH W LAUBER 170142 26181 16466 20635 22252 255676 DAVID W JOHN 173959 28397 7188 36519 29964 276027 -8369 MITCHELL D WALSH 166092 26549 7846 34465 26436 261388 -4294 ERNEST W STOKEY 157061 25016 17585 33127 8700 241489 -9608 LYNETTE T CALDWELL 165816 27067 4971 34535 17870 250259 -3787 JODY A HEINS 154208 24807 11011 31612 8100 229738 -3779 KIM HAUGAARD 159277 25287 5043 32943 18448 240998 -3622 JO BETSY NORTON 151715 25011 2015 27966 18048 224755 TIMOTHY P RILEY 140690 22266 10971 28805 7428 210160 -2983 JEFFERY P LENTZ 137533 15921 -2569 20434 28116 199435 -3464 DIANE M STARKEY 136877 18052 703 21020 15557 192209 -3649 MYCAHEL V RITTERHOFF 129384 17064 4090 19660 8100 178298 -4203 MARGARET A WILSON 130682 17235 -1816 19656 9911 175668 ALAN J CULLEN 129946 17280 -1716 19810 14100 179420 -4512 EDWARD M COATES 131424 17226 -3711 19718 28716 193373 -3590 ELLIOTT S FLOOD 98421 28636 90356 28321 16744 262478 -10432 JUDY BROUSSARD 13500 13500 RICHARD COOPER 10500 10500 01. MEMBER ELECTION FOR ADDITIONAL MEMBERS (PART VI LINE 7A) THE COMPANY WAS ESTABLISHED BY TEXAS STATUTE. THE COMPANY HAS NINE-BOARD MEMBER BOARD OF DIRECTORS CONSISTING OF TEXAS BUSINESS EMPLOYERS. 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 REVIEWED BY MANAGEMENT PRIOR TO FILING THE RETURN. 04. CONFLICT OF INTEREST POLICY COMPLIANCE (PART VI 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 ELETRONIC SIGNATURE. 05. CEO EXECUTIVE DIRECTOR TOP MANAGEMENT COM (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) GOVERNING DOCUMENTS FOR THE ORGANIZATION WOULD BE AVAILABLE TO THE PUBLIC BUT ONLY UPON WRITTEN REQUEST. HOWEVER CERTAIN FINANCIAL INFORMATION IS AVAILABLE ON THE COMPANY'S WEBSITE. 08. EXPLANATION OF OTHER CHANGES IN NET ASSETS OR FUND BALANCES (PART XI LINE 5) CHANGE IN NET UNREALIZED CAPITAL GAINS OR (LOSSES) (69517275) CHANGE IN NET UNREALIZED FOREIGN EXCHANGE CAPITAL GAIN (LOSS) (350563) CHANGE IN NON-ADMITTED ASSETS (2137083) CHANGE IN PROVISION FOR REINSURANCE (1589) POST RETIREMENT MEDICAL PLAN (26387)