October 4, 2005 - Texas Mutual Insurance Company announced today that Governor Rick Perry re-appointed Richard Cooper to serve on the Texas Mutual^® board of directors. Cooper will serve another six-year term, which will end in July 2011.

Governor George W. Bush first appointed Cooper to the board of Texas Mutual Insurance Company (then called the Texas Workers’ Compensation Insurance Fund) in 1996 to fill an outgoing board member’s unexpired term. Governor Bush re-appointed Cooper to a full six-year term in 1999.

Cooper served as vice-chair of the Texas Mutual^® board in 2001 and 2002 and as secretary in 2003 and 2004. He also serves as chair of the board’s audit committee.

"I am very pleased that Mr. Cooper will continue to serve the company and our policyholders," said Texas Mutual^® President Russ Oliver. "He understands the value of a strong workers' compensation system. His guidance has helped Texas Mutual Insurance Company mature and prosper through the many changes in market conditions and the workers' compensation system over the past nine years."

Cooper received his BBA from Texas Tech University. He is the owner and president of National Travel Systems of Lubbock.

September 22, 2005 - Texas Mutual Insurance Company announced a $2,256,565 dividend to the CompGroup AGC Safety Group today.

Group dividends are separate from the $50 million in individual dividends that Texas Mutual Insurance Company paid to qualifying policyholders this year. Some CompGroup AGC group members may receive dividends under both programs.

Texas Mutual Insurance Company also gives each CompGroup AGC Safety Group member a premium discount based on the group’s total premium. Members retain their own experience modifier, and they have access to a Texas Mutual^® safety plan developed specifically for the general contractor industry.

September 7, 2005 - Texas Mutual Insurance Company announced a group dividend of $262,472 to the Lone Star Auto Dealers Safety Group yesterday. The dividend covers three policy periods from January 1, 2002 through December 31, 2004.

The group dividends are separate from the $50 million of individual dividends that Texas Mutual Insurance Company awarded to qualifying policyholders in July. Some Lone Star Auto Dealers members may earn a share of both dividends.

The Wicker-Parker Insurance Agency of Abilene established the group, which is open to any new car or truck dealership in Texas. Any licensed insurance agent can place a qualifying client into the group, with approval from a Texas Mutual^® underwriter.

Each member receives a premium discount, based on an estimate of the group’s total written premium. The group also benefits from an industry-specific safety plan as well as expert claim and loss prevention services from Texas Mutual Insurance Company.

September 6, 2005 - Texas Mutual Insurance Company announced a Safety Group dividend to the Texas Electric Cooperatives (TEC) today of $21,709. This marks the first year TEC has earned a Texas Mutual^® Safety Group dividend.

Group dividends are separate from the $50 million in individual dividends that Texas Mutual Insurance Company paid to qualifying policyholders this year. Some TEC group members may receive dividends under both programs.

July 29, 2005 - Texas Mutual Insurance Company announced a Safety Group dividend to the Social Services Agencies of Texas (SSA) today totaling $70,291. This marks the first year SSA has earned a Texas Mutual^® Safety Group dividend.

Group dividends are separate from the $50 million in individual dividends that Texas Mutual Insurance Company paid to qualifying policyholders this year. Some SSA group members may receive dividends under both programs.

”Many SSA members have qualified for individual dividends,” said Robert Nasits of Care Providers Inc, the group’s administrator. “Now, we get to tell them the good news about these group dividends, too. Our members are non-profit organizations, so dividends really mean a lot to them. We’re proud our group is with Texas Mutual Insurance Company.”

The SSA Safety Group is open to community action agencies, senior citizen programs, after-school programs, and social services agencies such as Meals on Wheels and Head Start. Texas Mutual Insurance Company gives members a premium discount based on the group’s total premium volume, and each member retains its own experience modifier.

July 14, 2005 -- Texas Mutual Insurance Company announced a group dividend to the Lone Star Energy (LSE) Safety Group today totaling $49,948. This marks the first time LSE has earned a Texas Mutual^® Safety Group dividend.

Group dividends are separate from the $50 million in individual dividends that Texas Mutual Insurance Company will pay qualifying policyholders this year. Some LSE members may receive dividends under both programs.

Texas Mutual Insurance Company evaluates each group’s growth, premium volume, and loss ratio in determining which groups qualify for dividends. Last year, the company paid approximately $3.3 million in Safety Group dividends. So far in 2005, it has paid approximately $2 million in group dividends.

July 12, 2005 -- Texas Mutual Insurance Company announced a Safety Group dividend to the Texas Oil and Gas Association (TxOGA) today totaling $1,355,509.

Group dividends are separate from the $50 million in dividends that Texas Mutual Insurance Company will pay to qualifying policyholders this year. Some TxOGA group members may receive dividends under both programs.

"TxOGA appreciates Texas Mutual’s commitment to giving back to its policyholders," said Jim Sierra, TxOGA vice president for financial affairs. "As our membership continues to grow, we hope more employers will take advantage of this program. It really helps level the playing field for our small-business members."

Safety Group members retain their own experience modifier and receive a premium discount, based on an estimate of the group’s entire written premium. For example, if a small business with a $5,000 premium joins a Safety Group with $500,000 in annual premium, Texas Mutual Insurance Company will give the small business the same premium discount it would give a large business with a $500,000 premium. Group members also benefit from a Texas Mutual^® safety plan designed specifically for the oil and gas industry.