Texas Mutual Insurance Company announced a $72,519 dividend to the Texas Green Industry purchasing group.
Hotchkiss Insurance Agency Inc. formed the TGI purchasing group in February 2004. Under its guidance, TGI has grown to more than $4 million in written premium and become one of the fastest-growing Texas Mutual purchasing groups.
“The Hotchkiss agency has done a fantastic job building this group,” said Ken Lauber, Texas Mutual vice president of field operations. “With Hotchkiss behind it, I am confident TGI will continue to grow.”
Any Texas insurance agent may place a qualifying client into the group, with the underwriter’s approval.
For a list of TGI-qualifying classifications, go to www.texasmutual.com/agents/group.shtm. For more information about TGI, contact Anne Davis at Hotchkiss Insurance Agency by e-mail at email@example.com or by phone at (972) 512-7728.
Group dividends are separate from the $50 million in individual dividends that Texas Mutual Insurance Company paid to qualifying policyholders this year. Some TGI group members may receive dividends under both programs.
Texas Mutual notes that past dividends are not a guarantee of future dividends, and the Texas Department of Insurance must approve all dividend plans.
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