Texas Mutual Insurance Company announced that two National Federation of Independent Business (NFIB) purchasing groups have earned a combined $1,207,595 in dividends. The dividends are based largely on each group’s favorable loss ratio.
The largest dividend, $918,816, went to the NFIB Construction purchasing group. The group has earned more than $2.2 million in dividends since 2003.
The NFIB Wholesale/Retail group earned a $288,779 dividend, bringing its total to $1.1 million since 2006.
By committing to workplace safety and helping injured workers return to productive employment, NFIB purchasing group members improve their chances of qualifying for future dividends
Any licensed Texas agent can submit qualifying clients for membership in NFIB Construction, NFIB Wholesale/Retail and any of the 27 purchasing groups underwritten by Texas Mutual.
Source: Texas Mutual Insurance Company
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