Texas Mutual Looks to Sever Last Ties to State Oversight

This could allow TMI to seek licensure on its own in other states to become a national carrier.

The insurer of last resort for workers’ compensation coverage in Texas is seeking to cut its last ties to the state government that created it.

Texas Mutual Insurance Co. was established by the Texas Legislature in 1991 as the result of reforms in 1989 and 1991 aimed at rescuing what was at the time a workers’ compensation system that by all accounts was not working.

Read More: Texas Mutual Looks to Sever Last Ties to State Oversight.

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