Automotive Group Earns $211K Texas Mutual Dividend

April 22, 2011

Texas Mutual Insurance Co. announced a $211,381 dividend to the Texas Automotive group purchase program. The group’s second consecutive workers’ compensation dividend was based largely on its overall loss ratio.

Texas Automotive group members have shared in $389,648 in Texas Mutual dividends during the past two years.

In addition to potential dividends, group members get a discount on their workers’ compensation premium and access to industry-specific workplace safety resources at texasmutual.com.

Any licensed Texas agent can submit qualifying clients for consideration in the Texas Automotive group purchase program.

Texas Mutual notes that past dividends are not a guarantee of future dividends. The Texas Department of Insurance must approve all dividends.

Source: Texas Mutual Insurance Co.

Topics Texas

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