Texas Mutual Insurance Company announced a $282,592 dividend to the Texas Medical Group (TMG) workers’ compensation discount program. This marks the group’s first dividend.
The group dividend was based largely on TMG’s overall loss ratio. Many TMG members have also earned individual policyholder dividends based on their personal loss ratios.
TMG is open to qualifying physician offices, nursing homes and other health service providers. Any licensed Texas agent can submit clients for membership. In addition to potential dividends, TMG members get a premium discount and access to an industry-specific safety plan.
Texas Mutual underwrites TMG, and Sanford & Tatum Insurance Agency administers it.
Source: Texas Mutual Insurance Company, texasmutual.com
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