Home Builders Earn Texas Mutual Dividend of $105K

June 23, 2009

The Texas Home Builders (THB) purchasing group has earned a $105,407 workers’ compensation dividend from Texas Mutual Insurance Company. The group dividend is based largely on the groups’ overall loss ratio.

Group dividends are separate from the $75 million in individual policyholder dividends Texas Mutual will distribute in July. THB members may receive dividends under both programs.

In addition to potential dividends, THB members get a discount on their workers’ compensation premium and an industry-specific safety plan. Most can earn an additional 12 percent annual premium discount by enrolling in Texas Mutual’s workers’ compensation health care network.

THB is open to most segments of the home-building industry. Any licensed Texas agent can submit qualifying clients for consideration. For more information, visit texasmutual.com/agents/pr_thb.shtm.

Source: Texas Mutual Insurance Company

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