Texas Mutual Insurance Co. announced an $873,522 dividend to the Texas Medical Group (TMG). The workers’ compensation safety group dividend was based largely on TMG’s overall loss ratio.
TMG safety group members have shared in $2.6 million in Texas Mutual dividends since 2008.
In addition to potential dividends, TMG safety group members get a discount on their workers’ compensation premiums. They also have access to industry-specific workplace safety training materials in the safety resource center at texasmutual.com.
Any licensed Texas agent can submit qualifying clients for consideration in the TMG safety group.
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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