Texas Mutual Insurance Company has returned a $90,643 dividend to the Texas Recreation Purchasing Group (TRPG). The group’s first dividend was based largely on its favorable loss ratio.
By committing to workplace safety and helping injured workers return to productive employment, TRPG improves its chances of qualifying for future dividends.
TRPG 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:
TRPG is open to qualifying golf clubs, country clubs, health clubs, tennis clubs, fishing clubs, bowling centers and others in the recreation industry.
Group 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/
Was this article valuable?
Here are more articles you may enjoy.
Clyde & Co Survey Shows Rapid Escalation of AI, Geopolitical Risks
Insurers Avoid $664 Million Hit From Nord Stream Pipeline Blasts
A Super Yacht Armada Came to Miami, Leaving a Marine Graveyard in Its Wake
US Decides Against Renewing USMCA, Shifting to Rolling Talks