Workers’ compensation insurance provider, Texas Mutual Insurance Company, has returned a $63,128 dividend to the Lone Star Energy (LSE) purchasing group.
The insurer said the group has earned more than $315,000 in dividends since 2005, based largely on its favorable loss ratio. By committing to workplace safety and helping injured workers return to productive employment, LSE improves its chances of qualifying for future dividends.
LSE group members are also eligible to participate in Texas Mutual’s individual policyholder dividend program. The company has distributed more than $670 million in individual dividends since 1999.
Source: Texas Mutual Insurance Company, www.texasmutual.com
Was this article valuable?
Here are more articles you may enjoy.
Berkshire Utility Presses Wildfire Appeal With Billions at Stake
These Five Technologies Increase The Risk of Cyber Claims
China Bans Hidden Car Door Handles in World-First Safety Policy
Elon Musk Alone Can’t Explain Tesla’s Owner Exodus