Texas Mutual Board Approves $100M Policyholder Dividend Plan

May 27, 2010

Texas Mutual Insurance Company’s board of directors approved the company’s plan to distribute $100 million in workers’ compensation dividends. Dividends reward loyal policyholders who share Texas Mutual’s commitment to workplace safety.

Texas Mutual has declared $845 million in dividends during the past 12 years.

Texas Mutual plans to distribute dividend checks in late July. Approximately 38,000 employers, representing 80 percent of the company’s policyholders, will earn a dividend.

The amount of each qualifying policyholder’s dividend check will be based largely on its premium size and workplace safety record.

Texas Mutual offers free services to help policyholders improve their safety programs. Employers can visit the safety resource center at texasmutual.com to watch streaming videos on a variety of safety topics, evaluate their safety programs, correct the root causes of accidents and get training materials from the multimedia resource library. The company also offers free workshops that feature presentations by Texas Mutual safety professionals.

Source: Texas Mutual Insurance Company

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