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, www.texasmutual.com.
Was this article valuable?
Here are more articles you may enjoy.
LA County Told to Pause $4B in Abuse Payouts as DA Probes Fraud Claims 
One out of 10 Cars Sold in Europe Is Now Made by a Chinese Brand 
Canceled FEMA Review Council Vote Leaves Flood Insurance Reforms in Limbo 
Tesla Sued Over Crash That Trapped, Killed Massachusetts Driver 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.