dividend News

Texas Mutual Pays $4M-Plus Dividend to Texas Oil & Gas Assoc. Group

Austin-based Texas Mutual Insurance Co., a policyholder-owned company, announced it awarded a dividend of $4,019,352 to the Texas Oil & Gas Association (TXOGA) safety group. The dividend was earned based on the group members’ dedication to making safety a priority …

Texas Construction Safety Group Gets $2.1M Dividend from Insurer

Workers compensation insurer, Texas Mutual Insurance Co., recently awarded a dividend of $2,159,751 to the Texas Construction Association safety group. The dividend was earned based on the group members’ dedication to making safety a priority in their businesses and therefore keeping …

Home Builders Safety Group Earns $117,226 Texas Mutual Dividend

Austin-based Texas Mutual Insurance Co. announced it awarded a dividend of $117,226 to the Texas Home Builders (THB) safety group. The dividend was earned based on the group members’ dedication to making safety a priority in their businesses and therefore …

Policyholder Dividend Approved for Louisiana’s LAMMICO

Louisiana-based medical professional liability insurer, LAMMICO, announced that its board of directors’ Dec. 10 declaration of a dividend has been approved by the Louisiana Department of Insurance. This marks the eighth time since 2008 that LAMMICO has authorized the payment …

Texas Mutual Awards $62K Dividend to Construction Supply Safety Group

Austin-based workers’ compensation insurer, Texas Mutual Insurance Co., recently awarded a dividend of $62,147 to the Texas Construction Supply safety group. Texas Mutual said the dividend was earned based on the group members’ dedication to making safety a priority in …

Utah Workers’ Comp Fund Distributes Second Dividend in 2014

Workers Compensation Fund in Utah has declared a second dividend in 2014. The $9 million dividend represents 5 percent of premium collected from July 1, 2013 to June 30, 2014. With this second dividend, WCF will have paid 10 percent …

Texas Homebuilder Workers’ Comp Group Distributing $500K to Members

Texas Homebuilder Workers’ Compensation Group (THB) announced that 2014 dividend payments to policyholders will total more than $500,000. The program is available only to homebuilders in Texas. Founded in 2004 by members of Hotchkiss Insurance Agency LLC, THB is headquartered …

Louisiana Workers’ Comp Declares Record Policyholder Dividend

Louisiana Workers’ Compensation Corporation (LWCC) has declared a 2013 dividend of $69.1 million, bringing the cumulative total dividend over the past 11 years to more than $300 million. The dividend, the company’s largest to date, will be paid to qualifying …

Alaska Timber Insurance Exchange Gives $2.2M Dividend

The Board of Governors of the Alaska Timber Insurance Exchange, a policyholder-owned workers’ compensation insurance company, announced a $2.2 million dividend is being paid to its members. The dividend represents roughly 33 percent of ATIE’s 2013 direct premiums and it …

Restaurant Safety Group Earns $670K Dividend from Texas Mutual Insurance

Texas Mutual Insurance Co. announced a $669,540 dividend to the Texas Restaurant Association (TRA) workers’ compensation safety group. The dividend was based largely on the group’s overall loss ratio. Since 1999, Texas Mutual has distributed nearly $20 million in safety …