dividend News

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 …

LAMMICO Declares 10.5% Dividend for Medical Liability Policyholders

The board of directors of medical professional liability insurer, LAMMICO, has declared another dividend for all policyholders in Louisiana and Arkansas, marking the seventh time since 2008 the company has authorized the payment of a dividend to its insureds. The …

Medical Group Earns Nearly $1M Texas Mutual Dividend

Texas Mutual Insurance Company announced the Texas Medical Group (TMG) has earned a $972,604 workers’ compensation dividend. The dividend is based largely on the group’s collective workplace safety record. Qualifying TMG members have shared in $4.6 million in Texas Mutual …

State Fund Begins Distributing $100M Dividend

California’s State Compensation Insurance Fund will begin issuing $100 million worth of dividend payments to eligible policyholders in early July, the state’s largest workers’ compensation insurer announced on Tuesday. The dividend be paid on the 2012 policy year, and eligible policyholders will …

Texas Green Industry Safety Group Dividends now Exceed $3M

Dallas-based Hotchkiss Insurance Programs LLC announced a $273,731 dividend to the Texas Green Industry Workers’ Compensation Safety Group (TGI), bringing total dividends paid to the group to $3,246,032. The group’s total premium volume and loss ratio are factors in determining …