The Texas Workers’ Comp. Insurance Fund has plans to pay roughly $25 million in dividends to select policyholders this month, representing close to 10 percent of the Fund’s 1999 premiums. The state-created corporation paid its first policyholder dividends last year.
The Fund’s proposed dividends have two parts: an annual component for qualifying customers whose policies expired in 1999, and a retention component for select longtime customers. The proposed plan is subject to approval by the Texas Department of Insurance.
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Healthcare Cyber Insurance at an Inflection Point 
WTW to Acquire Newfront in Deal Worth Up to $1.3B 
One of Highest Property Claims Severity Recorded in Q3 on Low Volume, Says Verisk 
Death of Teenager on Carnival Cruise Ship Ruled a Homicide From This Issue
