Workers’ Compensation insurer Texas Mutual Insurance Co. announced plans to distribute $330 million in dividends to policyholders in 2019. The dividends will be distributed to over 55,000 business owners, who are policyholder owners of the company, in late June.
Texas Mutual paid its first dividend in 1999, and this year’s payout brings the total to $2.8 billion delivered back to Texas businesses over the last 21 years. The dividend program is the company’s way of sharing its success with its customers who prevent workplace accidents and help injured workers get back on the job. Watch the video below to find out more about how ownership pays at Texas Mutual.
Visit Texas Mutual's website by CLICKING HERE to learn more and read FAQ's on Workers' Comp Policyholder Dividends.
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Check out the video above showcasing Tanglewood VFD & how they utilized their 2018 Grant funds
2019 Emergency Responder Health & Wellness Grant - VFIS of Texas and Texas Mutual Insurance Company are once again pleased to sponsor a need-based Health & Wellness Grant program for fire departments and non-profit EMS organizations in Texas. Grants up to $5,000 will be awarded based on financial need and are intended to encourage participation in a health & wellness program to prevent emergency responder deaths and injuries. Departments will need to apply for the grant, expend the funds and then send in copies of receipts in order to receive the grant funds Grant application deadline is December 31, 2018.
Who is eligible:
What is eligible:
How it works:
**THE DEADLINE TO APPLY IS DECEMBER 31, 2018.** DOWNLOAD GRANT APPLICATION HERE How to Apply: Mail to: VFIS of Texas 3420 Executive Center Dr, #301 Austin, TX 78731 Fax to: 512-448-9929 E-mail to: vfisoftexas@vfistx.com 2020 Grant Applications will be Open around July/August 2019. Subscribe to our Newsletter to be Notified:
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Yesterday, VFIS of Texas along with Texas Mutual Insurance Company & the American Heart Association, we honored first responders while commemorating 9/11. Our employees/owners delivered care packages to local firefighters and emergency medical responders to show our appreciation for everything they do keep our communities safe. Departments we visited included Travis County ESD #1, Travis County ESD #12, Travis County ESD #3- Oak Hill EMT Academy, Travis County ESD #5 - Manchaca Fire Rescue, Travis County ESD #10, Lake Travis Fire Rescue, San Marcos Hays County EMS, Hutto Fire Rescue, Williamson County EMS, Westlake Fire Department, & Wimberley EMS.
From insurance, training, and wellness grants to assisting in the development of future first responders, we're committed to supporting those that keep our communities safe. Thanks to all first responders for helping build a stronger, safer Texas. More Photos: https://www.facebook.com/VFISofTX/posts/1895759773850377 ![]() Texas Mutual is proud to announce that their board of directors has approved a $280 million dividend distribution! This year's record-breaking payout brings the total distribution to $2.5 billion. In 1999, Texas Mutual paid their first dividend and this year marks the 20th year of the program. They are proud to continue this tradition. Dividends will be mailed to over 50,000 qualifying policyholder owners, including many VFIS of Texas Workers Comp policyholders, beginning in late June. If your department doesn't have Workers Comp, but are interested in a Quote, please contact us at vfisoftexas@vfistx.com or (800) 252-9435. To read Texas Mutual's full press release, please click the link below. READ MORE Congratulations to the 2018 Emergency Responder Health & Wellness Grant Recipients!VFIS of Texas and Texas Mutual Insurance Company are pleased to announce they have awarded grants of up to $5,000 to 78 emergency responder organizations across Texas. Funds awarded through the 2018 Emergency Responder Health & Wellness Grant Program totaled more than $233,000 and will enable these organizations to implement or enhance a health and wellness program for their members to prevent on-duty deaths and injuries. 105 applications were received requesting more than $447,000 in grants. VFIS of Texas and Texas Mutual Insurance Company partnered with the State Firefighters' & Fire Marshals’ Association of Texas (SFFMA) to manage the application process and select the grant recipients. “I believe that with this grant we can get everyone fired up about some physical fitness!!” said Barry Mitchell, Assistant Chief of Kountze Volunteer Department. “Many members have wanted to do this for health reasons and for the comradery it brings. This will benefit several of my firefighters that have some significant health issues. The closest "GYM" is 15 miles away in another city and the "Big Box" gyms, as I call them, are over 25 miles away. So as you can see, going to the gym takes a lot more time and money than most people. This will give a benefit to our members that is wanted and needed.” Each recipient submitted an application outlining a specific need or project the grant would fund. This is the fifth consecutive year Texas Mutual and VFIS of Texas have awarded these grants to emergency responders across the state. “These grants directly impact our emergency responders by improving their health and wellness, better preparing them to serve our communities,” Barbara Marzean, President of VFIS of Texas, said. “The more we can do to support these initiatives, the more we can reduce and prevent emergency responder injuries and deaths.” Grant recipients will be recognized at the SFFMA Annual Conference June 23-27, 2018 in Arlington. See a full list of 2018 Emergency Responder Health & Wellness grant recipients below:
The 2019 Emergency Responder Health & Wellness Grant should open for submissions in Fall 2018. Texas Mutual recently announced a $10 million grant program for Workers Comp policyholders who have been affected by Hurricane Harvey. We encourage our clients to apply.For complete information, visit: texasmutual.com/txmfortexas.
Who can apply? Texas Mutual Insurance Company policyholders who have sustained significant damage to a department location in one of the 58 counties on the governor’s Hurricane Harvey Disaster Declaration are invited to apply. Policyholders must have had an in-force policy effective Sept 12, 2017 or earlier. When do applications open? Applications opened Wednesday, September 13 at noon. Grants will be offered on a first come, first serve basis. Texas Mutual policyholders should have received an email Wednesday, September 13 at 8 a.m. informing them of the program. How much can a grant recipient receive? Each policyholder can apply for up to $10,000 in relief funds. A policyholder with multiple departments can only receive one grant of $10,000 or less. Funds can be used for payroll, building rehab or repair, machinery and equipment repair or purchase, replacement of lost inventory, and other expenses associated with rebuilding. The expenses must be related to the department and not be reimbursed by insurance. What information is required to apply?
Apply Now If you look forward to going to work every day, oftentimes it’s because of the people you work with. That’s how it was for Josh Paulin. As a valued member of the Classic Construction team, Josh’s special relationship with his employer provided the momentum for his successful return-to-work story. While sealing a roof on the job, Josh fell and nearly lost his life. Josh’s coworkers watched the traumatic accident in devastation as paramedics fought to save him. When you’re faced with a life-changing event like Josh was, the best outcome is getting back to the life you love. For Josh, getting to that point required learning to walk, talk and read again. Watch Josh’s story and see how Texas Mutual Insurance Company and his employer were by his side every step of the way. Josh’s story is a perfect example of how valuable a return-to-work initiative is for businesses and injured workers. As a seasoned employee, Josh’s employer was eager to get him back on the team. While continuing rehabilitation, Josh went back to work with modified job duties. He was able to contribute his unique expertise to the company surrounded by coworkers who supported his ongoing recovery. Meanwhile, Josh’s employer had peace of mind over the future of his business.
When a worker sustains life-changing injuries, coming to terms with the new way of life can be a challenge, but a return-to-work program provides countless benefits. Employees can focus on their recovery rather than stress about their financial situation. By being surrounded by team comradery, they avoid isolation from peers and symptoms of depression. Giving injured workers purpose and surrounding them with familiar faces to celebrate recovery milestones promotes quicker healing. For employers, implementing a return-to-work program maintains production by keeping experienced workers on the job. Bringing on a temporary employee or hiring someone new requires time and effort. Meanwhile, the business loses productivity. Employers who invest in return to work can minimize lost productivity and control workers’ compensation costs, while also encouraging the ongoing recovery of a valued employee. It was a team effort getting Josh back on the job after his traumatic accident, but it made all the difference. For more resources on return-to-work programs and implementing them in your business, visit the Return-To-Work page at texasmutual.com. VFIS of Texas & TEXAS MUTUAL INSURANCE CO. Distribute $228K in Grants to Texas First Responders2/16/2017 VFIS of Texas and Texas Mutual Insurance Company recently awarded $228,000 in grants to 90 emergency responder organizations across Texas. Funds awarded through the 2017 Emergency Responder Safety, Training & Wellness Grant Program will reimburse these organizations for 2017 individual member certification dues, as well as health and wellness programs, and travel costs to attend training.
Grants of up to $5,000 have been awarded based on financial need and are intended to encourage all departments to participate in certification, training and health/wellness programs to prevent emergency responder deaths and injuries. This is the fourth consecutive year of this grant program sponsored by VFIS of Texas and Texas Mutual Insurance Company. Since 2014, close to $500,000 has been distributed to emergency service organizations across the state of Texas. This program has been recognized nationwide among the insurance industry and emergency service community (Insurance Journal). Grant Recipients: Alabama Coushatta Indian Nation VFD Aledo VFD Alvord FD Apple Springs VFD Ata Bexar VFD Beasley Community VFD Ben Bolt VFD Bergheim VFD Black Jack VFD Blackjack VFD of Robertson Co Bovina VFD Bowman Community VFD Brazos Co Precinct 4 VFD Burkburnett VFD Calvert VFD Campbell VFD Cash Fire Dept Castroville Vol Fire Company Cat Spring VFD Central Community VFD Chapel Hill VFD Chatfield VFD Chisholm Trail Fire Rescue City of San Diego FD Coleman FD Cookville VFD Coryell City-Osage VFD Cottonwood Shores VFD Coupland VFD Cove Fire & Rescue Davis Mountains Prop Owners VFD DCBE-Acton VFD Dixie VFD Douglass VFD Eastside VFD Edwards Co EMS Elm Mott Fire Rescue Flint-Gresham VFD Flynn VFD Frelsburg VFD Grand Saline VFD Harleton FD Hughes Springs VFD Indian Creek VFD Iowa Park VFD Iredell VFD Jefferson Co Water District #10 VFD Justin Community VFD La Junta VFD Lakeside City VFD Littlefield FD Malone VFD Mico VFD Morgans Point VFD Mustang VFD Needville VFD Newark VFD Noonday VFD Ore City VFD Overton VFD Peaster VFD Penitas VFD Plum Grove VFD Point VFD Poolville VFD Possum Kingdom Westside VFD Poteet VFD Potosi VFD Prairie Hill Rocky Hill VFD Prairie View Vol FF Assn Preston Vol EMS Punkin-Evergreen VFD Ralls VFD Retreat VFD Rhome VFD Rusk Co Rescue Unit Sandia VFD Silver Creek VFD Socorro FD South Ector Co VFD South Polk Co VFD Southside Henderson Co VFD Southwest Bell Co VFD Springtown VFD Sunset VFD Tanglewood VFD Tolar VFD Tulia VFD Turnersville FD Wayland VFD 2017 Emergency Responder Safety, Training & Wellness Grant - VFIS of Texas and Texas Mutual Insurance Company are pleased to sponsor a need-based grant program for fire departments and non-profit EMS organizations in Texas. Grants will be awarded to reimburse departments for 1) 2017 individual member certification dues/fees, 2) Travel costs to attend training, and/or 3) Health/Wellness programs. Grants up to $5,000 will be awarded based on financial need and are intended to encourage all departments to participate in certification, training and health/wellness programs to prevent emergency responder deaths and injuries. Departments will need to apply for the grant, expend the funds and then send in copies of receipts and proof of training attendance in order to receive the grant funds. Grant application deadline is December 31, 2016.
Who is eligible: •All-volunteer or mostly-volunteer fire departments and non-profit EMS organizations that serve apopulation of 100,000 or less and are legally organized in Texas. What is eligible: • Part I – 2017 annual individual certification or re-certification fees for SFFMA (NOT department dues), TCFP or DSHS. • Part II – Student course materials and travel expenses (up to $150 per day per person) for training that is part of a certification program during calendar year 2017 (travel expenses include travel to/from, meals/tips, hotel/dorm). • Part III – Cost for equipment (up to $2,500) and/or professionals to develop an in-house Health & Wellness Program. How it works: • Departments can apply for Part I, Part II, and/or Part III. • Departments should apply for assistance first (completed grant application and W-9) by 12/31/16. • Applications will be reviewed and notice will be sent to those awarded a grant by 1/31/17. • Departments will be responsible for sending in paid receipts and course completion certificates by 12/1/17 in order to receive reimbursement. THE DEADLINE TO APPLY HAS PASSED. STAY TUNED FOR 2018 GRANT APPLICATION AROUND FALL 2017. How to Apply: Mail to: VFIS of Texas 3420 Executive Center Dr, #301 Austin, TX 78731 Fax to: 512-448-9929 E-mail to: vfisoftexas@vfistx.com ![]() via Texas Mutual Texas Mutual’s board of directors voted unanimously to approve a company-record $240 million dividend distribution in 2016. Qualifying policyholder owners across Texas will share the dividend, which will be distributed beginning in July. This is the 18th consecutive year the board has voted to distribute policyholder dividends, bringing the total to over $2 billion. Over $1 billion of that has been paid since 2012. Texas Mutual is owned by its policyholders, not stockholders, which means the company shares its success by distributing dividends to policyholder owners who have made a commitment to preventing workplace accidents and helping injured workers get back on the job. “Texas Mutual has a long history of rewarding our policyholder owners for their contributions to our success,” said Bob Barnes, chairman of Texas Mutual’s board. “These dividends reward safe business practices and also help our policyholders’ bottom lines. Our policyholder owners play an important role in Texas’ economy, and we know the difference these dividends can make for them.” Texas Mutual President and CEO Rich Gergasko said the dividend distribution is about more than just financial success and that it also signifies the commitment the company and its policyholders make to keeping workplaces safe. “Texas Mutual measures success not just in terms of dollars and cents but also in the number of lives saved and accidents prevented when employers place an emphasis on workplace safety,” Gergasko said. “We’re proud to share our success and reward the safety efforts Texas employers make with this year’s dividend distribution.” Gergasko noted that while Texas Mutual has awarded dividends each year since 1999, they are based on performance and therefore are not guaranteed. Additionally, dividends must comply with Texas Department of Insurance regulations. |
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VFIS of Texas NEWSHere you will find helpful information regarding firefighters, ems responders, and updates in insurance policies. |