TMIC, Brokers Attribute Premium Growth to Economic Uptick

By John P. Kamin, ReporterTexas Mutual Insurance Co.'s dominant hold on the state's workers' compensation market grew by 3.3% last year as all carriers collected the highest amount of Texas premium since 2008. Texas brokers were pleased to observe a 13.1% increase in workers' compensation written premiums from 2011 to 2012, according to a 2012 market share report from the Independent Insurance Agents of Texas. Jim Gavin, the director of insurance information services for the agents group, told WorkCompCentral that premium levels finally rose to levels not seen since 2008. "In 2...