Texas Mutual Insurance Company announced it is distributing approximately $125 million in individual policyholder dividends, the largest in the company’s history.
Approximately 37,500 employers, representing about 79 percent of the company’s policyholders, will receive a dividend. Loss ratio and customer loyalty through retention are key factors in determining which policyholders qualify.
With these dividends, Texas Mutual Insurance Company will have paid about $445 million in individual policyholder dividends during the past nine years.
Source: Texas Mutual, www.texasmutual.com.
Was this article valuable?
Here are more articles you may enjoy.
Massive Wildfire Liabilities Push Utilities to Use AI to Stop Blazes
Hermès Heir Sues Arnault and LVMH in $16 Billion Suit Over Lost Shares
Supreme Court Questions $1 Billion Music Piracy Suit Against Cox
NYT, Chicago Tribune Sue Perplexity AI as Copyright War Rages On