Texas Mutual Insurance Company announced a $72,147 dividend to the Lone Star Energy (LSE) purchasing group. The dividend was based largely on the group’s premium volume and loss ratio.
LSE has earned more than $168,000 in dividends since 2005. The group is open to butane and propane gas operators and dealers. Any licensed Texas agent can place a qualifying client in the group, with the underwriter’s approval.
Source: Texas Mutual Insurance Company, www.texasmutual.com.
Was this article valuable?
Here are more articles you may enjoy.
FM Using AI to Elevate Claims to Deliver More Than Just Cost Savings 
Charges Dropped Against ‘Poster Boy’ Contractor Accused of Insurance Fraud 
Cape Cod Faces Highest Snow Risk as New Coastal Storm Forms 
UBS Top Executives to Appear at Senate Hearing on Credit Suisse Nazi Accounts 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.