Texas Mutual Pays $51K Dividend to Emergency Service Group

Texas Mutual Insurance Company announced a $51,257 dividend to the Emergency Service Organization (ESO) workers’ compensation purchasing group. The dividend was based on the group’s premium volume and loss ratio.

Texas Mutual underwrites ESO, and VFIS of Texas/Regnier & Associates administers it. The group is open to qualifying firefighters and ambulance services. Any licensed Texas agent can submit qualifying clients for consideration.

ESO has earned $461,853 in group dividends from Texas Mutual since 2002. In addition to potential dividends, ESO members get a premium discount and an industry-specific safety plan.

Group dividends are separate from the $150 million in individual policyholder dividends the company declared this summer.

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