Texas Mutual Insurance Company announced a $302,815 dividend to the National Federation of Independent Business (NFIB) workers’ compensation purchasing group for the construction industry.
The company also announced a $160,210 dividend to the NFIB workers’ compensation purchasing group for the wholesale/retail industry.
This marks the construction group’s fourth consecutive annual dividend and the first for the wholesale/retail group. Premium volume and loss ratio were factors in determining both dividends. Any licensed Texas agent can submit qualifying clients for membership in either group. Visit the Agents section at www.texasmutual.com for more information.
Texas Mutual notes that past dividends are not a guarantee of future dividends, and the Texas Department of Insurance must approve all dividends.
Source: Texas Mutual
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