The Emergency Service Organization (ESO) Workers’ Compensation Safety Group has earned an annual dividend totaling $90,363 in 2019. Qualifying policyholders in the ESO Safety Group will receive a check for their portion of this dividend in June.
This dividend calculation reflects three years of data. This year’s payout was earned for the 2015-2016 plan year. Unfortunately, no dividend was earned for the 2016-2017 or 2017-2018 plan years because losses for these two years exceeded dividend eligibility requirements.
The ESO Safety Group was formed in October of 1999 by VFIS of Texas / WinStar Insurance Group to reduce workers’ compensation premiums for emergency service organizations by offering competitive pricing, premium discounts based on the entire group’s premium volume, customized loss prevention programs, training and educational opportunities, and dividends for good performance. To date, $2,400,538 in dividends have been paid to our group members. Dividends are based on performance and are not guaranteed.
Texas Mutual is the largest writer of workers’ compensation in Texas, as well as the largest writer of safety group programs. Texas Mutual has many free tools to help you prevent workplace accidents and keep your employees and volunteers safe on the job. Log in to your texasmutual.com account to find e-Learning courses, safety training videos, posters and more. In addition, Texas Mutual holds free policyholder events statewide. Find upcoming events at texasmutual.com/events.
The entire group’s loss ratio is the key component in determining whether the group qualifies for a dividend. All members benefit when a collective effort is made to focus on safe workplaces and accident prevention. You can help by continuing to support the program and by training and educating your employees and volunteers about the importance of a safety-conscious work atmosphere.
For more information, contact us at (800) 252-9435 or visit our ESO Safety Group website at esowcgroup.com.
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:
VFIS of Texas
3420 Executive Center Dr, #301
Austin, TX 78731
Fax to: 512-448-9929
E-mail to: email@example.com
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.
via Texas Mutual
Texas Mutual’s board of directors voted unanimously to approve a copany-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.
ESO WC GROUP
VFIS of Texas