Energy Group Earns 3rd Texas Mutual Dividend

July 30, 2007

Texas Mutual Insurance Company announced a $72,147 dividend to the Lone Star Energy (LSE) purchasing group. The dividend was based largely on the group’s premium volume and loss ratio.

LSE has earned more than $168,000 in dividends since 2005. The group is open to butane and propane gas operators and dealers. Any licensed Texas agent can place a qualifying client in the group, with the underwriter’s approval.

Source: Texas Mutual Insurance Company,

Was this article valuable?

Here are more articles you may enjoy.