Texas Mutual Insurance Co. has distributed a combined $328,641 in dividends among three purchasing groups. The workers’ compensation dividends are based largely on each group’s overall loss ratio.
The Texas Lodging Group (TLG) earned its first dividend from Texas Mutual: $80,215.
The remaining dividends went to the Texas Schools Group (TSG) and the Texas Produce Association (TPA), which earned $194,743 and $53,683 respectively.
In addition to potential dividends, group members get a discount on their workers’ compensation premium and access to industry-specific workplace safety resources at texasmutual.com.
Any licensed Texas agent can submit qualifying clients for consideration in TLG, TSG and TPA.
Texas Mutual notes that past dividends are not a guarantee of future dividends. The Texas Department of Insurance must approve all dividends.
Texas Mutual Insurance Co.
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