Austin, Texas—Texas Mutual Insurance Company was recognized as a high performer in the Performance-Based Oversight (PBO) report issued by the Texas Department of Insurance, Division of Workers’ Compensation (DWC) for the second time on December 13.
The PBO report evaluates the timeliness of insurance carriers in delivering income benefits to injured workers, paying health care providers for their services and submitting required data to the DWC.
“Injured workers rely on benefit checks to help get them back on their feet,” said Lisa Corless, chief operating officer of Texas Mutual. “Being honored as a high performer highlights Texas Mutual’s commitment to ensure that workers are being taken care of in a difficult time.”
Texas Mutual is one of 12 commercial insurance carriers that were acknowledged as a high performer by the DWC.
The PBO report is a product of House Bill 7, passed during the 2005 legislative session. The bill requires the DWC to assess insurance carriers and health care providers against regulatory goals established by the commissioner of workers’ compensation.
For more information about PBO, visit http://www.tdi.state.tx.us/wc/pbo/pbo.html.
Texas Mutual Insurance Company
Austin-based Texas Mutual Insurance Company is the state’s leading provider of workers’ compensation insurance, with approximately 30 percent of the market. Since 1991, the company has provided a stable, competitively priced source of workers’ comp insurance for Texas employers. Helping employers prevent workplace accidents is a major part of Texas Mutual’s mission. For more information, visit www.texasmutual.com.