Texas Mutual Insurance Company announced a purchasing group dividend to the Texas Construction Association totaling $ 209,336.71.
The group dividend is separate from the $50 million in dividends that Texas Mutual Insurance Company paid to qualifying policyholders last year. Some TCA members may receive dividends under both programs.
The TCA purchasing group was designed by subcontractors to benefit subcontractors. By working with Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, TCA group members receive a premium discount, based on an estimate of the group’s entire written premium.
Any Texas agent can place a qualifying client into the TCA purchasing group. Employers interested in TCA and other Texas Mutual purchasing groups should ask their insurance agents for assistance, or go to the Agent section at www.texasmutual.com.
Texas Mutual Insurance Company reminds employers that past dividends are not a guarantee of future dividends; however, when funds are available, the company believes in rewarding qualifying policyholders whose low claim losses and loyalty contribute to its success.