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
How States Rank in Injury Prevention
More Top Executives Say Bribes for Business Acceptable
Study: Drug Testing Driving Calif. Workers’ Comp Costs
Maryland’s State-Run WC Insurer IWIF to Become Private Nonprofit Co.
Saints’ Vilma Sues NFL Commissioner Goodell for Defamation
Safety Report Cites Lack of Progress in Reducing Motorcyclist Deaths
A Year after Joplin Tornadoes, $2.16B in Insurance Claims Paid
Safety Inspections Don’t Hurt Businesses; Do Lower Workers’ Comp Costs: Study
