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.
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