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.
What The Return of California’s ‘Death Discount’ Means for Litigation
NYC Sues Delivery App Over Lost Pay in New Mamdani Crackdown
Billionaire NFL Owner Suing Over Billboards Near His SoFi Stadium
US Lawmaker Unveils Bill Requiring Manual Car-Door Releases