Texas Mutual Insurance Co. announced that the CompGroup AGC has earned a $651,166 workers’ compensation dividend. The dividend is based largely on group members’ collective workplace safety record.
Qualifying CompGroup AGC members have shared in $16.5 million in Texas Mutual safety group dividends since 2002. Many members have also qualified for individual policyholder dividends based largely on their personal safety records.
Texas Mutual notes that dividends are based on performance, are not guaranteed and must comply with Texas Department of Insurance regulations.
Source: Texas Mutual Insurance Co.