Texas Mutual Insurance Company announced it is distributing approximately $2 million in dividends among first-year policyholders with favorable loss ratios.
The dividends represent the final component of the company’s $125 million 2007 individual policyholder dividend distribution.
Texas Mutual Insurance Company has paid about $445 million in individual policyholder dividends since 1999.
The company notes that past dividends are not a guarantee of future dividends, and the Texas Department of Insurance must approve all dividends.
Source: Texas Mutual Insurance Company, www.texasmutual.com
Topics Texas
Was this article valuable?
Here are more articles you may enjoy.
Travelers Reverses Q2 Income Loss, Narrows Underwriting Loss 
What Disruptions Have Been Reported After the Global Tech Outage? 
Wall Street Pushes Back After Activists Escalate Protests 
Allstate Reports Second Quarter Pretax Catastrophe Losses of $2.1B 
