Texas Mutual Insurance Company announced a $1,294,675 group dividend to the Texas Restaurant Association (TRA). TRA has received more than $2.7 million in Texas Mutual group dividends since 2002.
Group dividends are separate from the approximately $50 million in individual dividends that Texas Mutual Insurance Company paid to qualifying policyholders this year. Some TRA members may receive dividends under both programs.
Each TRA purchasing group member receives a premium discount based on the group’s total written premium. Members also have access to a Texas Mutual safety plan developed for the restaurant industry.
Topics Texas
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