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.
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