Texas Mutual Pays $760K Dividend to Green Industry Group

November 20, 2009

Texas Mutual Insurance Company announced a $760,070 dividend to the Texas Green Industry (TGI) purchasing group. TGI has earned $2,643,037 in workers’ compensation dividends since 2005.

Group dividends are based largely on TGI’s favorable loss ratio. By committing to workplace safety and helping injured workers return to productive employment, the group improves its chances of qualifying for future dividends.

TGI 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:

TGI is open to qualifying wholesale and retail nurseries, landscape contractors, growers, irrigation contractors and other green industry businesses. Members get a discount on their workers’ comp premium and an industry-specific safety plan. Any licensed Texas agent can submit clients for consideration in the group.

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

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