Subcontractors Nail Down $2.3M Texas Mutual Dividend

Texas Mutual Insurance Company announced a $2,269,048 dividend to the Texas Construction Association (TCA) workers’ compensation group discount program. The dividend was based on the group’s premium volume and loss ratio.

Construction workers had the largest number of fatalities in Texas in 2006. Nationally, construction accounted for 1,226 fatalities, a 3 percent increase over 2005.

TCA group members have access to a safety plan developed for the construction industry. They also get a discount on their premium.

Source: Texas Mutual Insurance Company, www.texasmutual.com