In order to bring competitive balance to the marketplace, the City of Burkburnett, Texas and other entities organize and gained State authorization to launch the TPS workers' compensation fund under Article 8309h of the Texas Statute and hired Employers Casualty Company as its first Third Party Administrator (TPA).
TPS significantly enhanced its program by offering ancillary coverage (Crime, LE, PO & SBLL) in-house (on TPS paper). This allowed TPS to provide a true one-stop-shop. Further that year TPS Trustees approved the purchase of a building in Dallas for its corporate and claims operations.
TPS secured its first underwriting system to start rating, quoting, and issuing policies. Later that year TPS surpasses its long-time goal of $20,000,000 in contribution.
TPS implemented a Safety Grant Program to assist members with the purchase of safety equipment. Later that year TPS was once again named by TDI/Department of Workers’ Compensation as a PBO High Performer.
